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Address: 121 King St, Dameitta, Egypt
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Franchise Pizzeria Carry-out

Franchise Pizzeria Carry-out

Oakland County

Listing#: C2680

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Description

This is a great opportunity to own a well established Franchise Pizzeria located on a highly-traveled road in Northern Oakland County. Established in 2010, this pizzeria is surrounded by plenty of residential, apartments and commercial properties. All equipment is in excellent condition! Low-key pizzeria chain serving thin-crust, hand-tossed, and deep-dish pies, plus pasta, subs, salads, bread, and great appetizers like wings and stromboli. The current transfer fee/training fee is $12,500 paid by the purchaser. Royalty fees are 3.5% of sales. Don’t miss out on this great opportunity. It won’t last long, and it is priced to sell!!! This Franchise Pizzeria has a great reputation, as well as great food and service. Seller will consider all reasonable offers!! This is a turn key operation!

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Business Overview

Revenue $526,119
Cash Flow $89,694
Inventory $4,000
Year Established 2010
Seller Financing Yes
Employees 5FT 4PT
Asking Price $179,000
Key Statistics
  • Hours of Operation: Mon-Sat 10am-9pm, Sun 11am-9pm

  • Employees: 5 Full Time 4 Part Time

  • Year Established: 2010

  • Year Acquired: 2010

  • Liscence Required: Food Service, Sales Tax

  • Seats: 10

  • Parking: Ample

Financial Information
  • Gross Sales: $526,119

  • Source: Seller Provided Financials

  • Cash Flow: $89,694

  • Source: Seller Provided Financials

  • Inventory Value: 4,000

Seller Financing
  • Business Price: $179,000

  • Down Payment: $50,000

  • Monthly Payment: $2,574

  • Interest Rate: 7%

  • Amortization Period: 60



Location
  • Monthly Rent: $3,000 Gross

  • Lease Terms: Lease Expires: July 2024

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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.