Franchise Pizza Restaurant
Seller Financing Available
Asking Price:   $169,900Inventory:   $1,500 ++
Gross Revenue:   $420,000 (comments below)Real Estate:   n/a
Cash Flow:   $60,000FF&E:   $15,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Up in 2009 over 2008
As a member of an established, successful, respected and well known regional franchisor, this pizza business has quickly become the neighborhood favorite. The restaurant, which is located in a community 45 minutes from both Grand Rapids and Lansing, does about 40% delivery and 60% dine in and carryout. The store features a lovely dining room that does a very brisk lunch business everyday. Unlike the majority of pizza stores, dining in is an attractive option to their patrons. Their customers can “eat out” without the inflated prices of a full service restaurant and the expense of tipping a wait staff. The mostly absentee owners, who are not at the store in the evenings, feel a more “hands on” operator could significantly increase dine in traffic in the evenings.

Revenues for this business have been $400,000 and $420,000 the past two years respectively and 2009 revenues are on pace to exceed 2008 – a rarity for any business in the current economy. Cash flow to the owner/operator is approximately $50,000.

The attractive $169,900 price tag includes all assets, inventory, the franchise transfer fee, a week of franchisor provided training and a week of training at the business. For a qualified buyer, the owner will offer as much as $75,000 of seller financing. To learn how you can step into instant cash flow please call Tim Carter (616-560-1080) regarding this excellent franchise resale opportunity.
About the Business
Year Established:2004
Employees:3 full time - 5 part time
Franchise:Yes
About the Sale
Management Training and Support:Week of franchisor provided training and a week of training at the business.
Reason For Selling:Owner is approaching retirement in his fulltime job
Seller Financing:For a qualified buyer, the owner will offer as much as $75,000 of seller financing.

KEYWORDS: Pizza, franchise, restaurant


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Business Listed By
Tim Carter  |  MarketPoint Associates, LLC
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