Franchise Pizza Restaurant

| Asking Price: | $169,900 | Inventory: | $1,500 ++ |
| Gross Revenue: | $420,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $60,000 | FF&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.
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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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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