Franchise Pizzeria-Great Opportunity!

File# C2472
Location: St. Clair Shores
Business Price: $55,000
Down Payment: Cash
Monthly Payment:NA
Interest Rate: NA
Amortization Period:NA
Gross Sales: $403,543
Source: Sellers Income Statement
Cash Flow: TBD
Source:
Inventory: $6,000 approx
Days Open: 7 days
Business Hours: Mon-Fri 10:30am-10:00pm, Sat 10:30am-11:00pm, Sun 12:00pm-11:00pm
Seats: 16
Parking: ample
Licences Required:Sales Tax /Serv-Safe/Franchise
Year Established:1984
Year Acquired: 2010
Monthly Rent:$1,998 Gross

Profile:

This is a great opportunity to own your very own franchise pizzeria in a greatly populated, nice area. This pizzeria is run absentee ownership. The pizzeria has great potential for growth in sales with plenty of new retail construction projects in the immediate area. The manager is paid $40,000.00 per year which a new owner should take over that position and claim that $40K revenue for themselves. The pizzeria serves pizza, subs, wings, fish & shrimp, ribs, chicken, salads and more. Gluten free pizza is also a regular menu item. A new owner should expand the catering menu and it’s marketing program to increase sales. Transfer training fee is $15,000.00 paid by buyer. Royalty fees are 4% of sales and 4% for advertising. Training is in Mt. Clemens, Michigan. There is also a monthly $99.00 fee for online ordering and a $99.00 fee for POS system maintenance. Online sale should also be increased by a new owner for higher revenues. This is a great opportunity for a new owner with so much growth potential possible. The pizzeria has an extra large kitchen area with several areas and work stations. Don’t miss out on this great opportunity, won’t last long, priced to sell

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.