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Pizza franchise, great value, must sell soon
| Asking Price: | $159,000 | Inventory: | $3,000 ++ |
| Gross Revenue: | Not Disclosed (comments below) | Real Estate: | n/a |
| Cash Flow: | $48,000 | FF&E: | $123,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: $394,000 | |||
This is a great opportunity for a new owner to own a nationally successful pizza franchise and territory well below market value. The current owner of this attractive business has invested more than twice the sale price in the equipment and facility and must sell soon. This sale includes the current location in West Little Rock as well as the exclusive franchise rights to the entire state of Arkansas (a $250,000 value). In addition, the owner will pay the initial franchise transfer fee of $7500 upon sale. The franchisor estimates that this territory could easily support ten locations statewide. The monthly franchise royalties are 6%.
This restaurant is 70% pizza sales, and 30% sandwiches, pasta, salad, appetizers, desserts, and drinks. 40% of all sales are dine in, with 35% delivery, and 25% carryout. This location has consistently produced between $390,000 and $450,000 in revenue since opening in 2005.
The equipment is top of the line, including a Rotoflex rotating brick oven, a large walk-in freezer, state-of-the-art Micros touch screen computer system, an extensive digital camera system capable of offsite viewing with eight cameras covering the entire facility, digital surround sound throughout the restaurant, and a top level security system with keypad entry.
This restaurant is 70% pizza sales, and 30% sandwiches, pasta, salad, appetizers, desserts, and drinks. 40% of all sales are dine in, with 35% delivery, and 25% carryout. This location has consistently produced between $390,000 and $450,000 in revenue since opening in 2005.
The equipment is top of the line, including a Rotoflex rotating brick oven, a large walk-in freezer, state-of-the-art Micros touch screen computer system, an extensive digital camera system capable of offsite viewing with eight cameras covering the entire facility, digital surround sound throughout the restaurant, and a top level security system with keypad entry.
About the Business
Year Established:2005
Employees:15 part time
Relocatable:Yes
Franchise:Yes
Facilities:Located in affluent West Little Rock, this 90 seat restaurant is in a four year old strip center on a busy highway. The building is attractive and in excellent condition.
Market Outlook and Competition:This franchise has been successful across the country, offering great pizza and a variety of other food items under a well known name. A new owner could expand statewide, offering a variety of services and locations - including buffets, and pizza by the slice in urban locations. The current location could easily attain a liquor license that would greatly expand sales - the restaurant was prebuilt with an attractive bar that currently isn't utilized.
About the Sale
Management Training and Support:owner will train
Reason For Selling:overextended owner must sell for less than half of what he has investing in the company.
Seller Financing:$90,000 down with the rest owner financed.
KEYWORDS: pizza franchise little rock arkansas
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State: Arkansas
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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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