Description
This is a great opportunity to own a well established Franchise Pizzeria located on a highly-traveled road in northern Macomb County. Established in2017, this pizzeria is surrounded by plenty of residential apartments and commercial properties. All equipment is in excellent condition! This is a well established franchise serving great products: Original, Thin Crust Pizza, Cheesesticks, Wings, and great Desserts. The current transfer fee/training fee is $4,000 paid by the purchaser. Royalty fees are 4.75% and advertising 5%. This Franchise Pizzeria has a great reputation, as well as great food and service. It is priced to sell!! Seller will consider all reasonable offers! This is a Turn Key Operation!
Get More InfoBusiness Overview
Revenue | $406,117 |
Cash Flow | TBD |
Inventory | $5,000 |
Year Established | 2017 |
Seller Financing | Yes |
Employees | 2FT 8PT |
Asking Price | $145,000 |
Key Statistics
- Hours of Operation: Sun-Thurs 11am-8:30pm, Fri-Sat 11am-10pm
- Employees: 2 Full Time 8 Part Time
- Year Established: 2017
- Year Acquired: 2017
- Liscence Required: Sales/Health
- Seats: N/A
- Parking: Ample
Financial Information
- Gross Sales: $406,117
- Source: Seller Provided Financials
- Cash Flow: TBD
- Source: Seller Provided Financials
- Inventory Value: 5,000
Seller Financing
- Business Price: $145,000
- Down Payment: $50,000
- Monthly Payment: $1,881
- Interest Rate: 7%
- Amortization Period: 60
Location
- Monthly Rent: $3,100 (Total includes NNN)
- Lease Terms: Lease Expires: 12/31/23 with option to renew
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Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.