Cici's Pizza- FL

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Turn-key, profitable business!
Asking Price:
$195,000

Gross Revenue:
$539,328
Cash Flow:
$76,578
EBITDA:
$76,578
Inventory:
$6,000
not included in asking price

FF&E:
$150,000
included in asking price

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Business Description

With over 450 locations across the country, Cici's has been the price leader in offering the best custom pizza, pasta, soup, salad and dessert buffet since 1985. Franchisor requires a cash injection of at least 30% of purchase price, plus $30K in working capital and enough cash to meet reimage requirements. Restaurant experience preferred but not required. Recently remodeled! Absentee owned, Seller's operator exited the business and he has a full-time job himself. Huge upside for hands on owner-operator!

About the Business

Year Established:
2013
Number of Employees:
Approx 10
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
3,160
Lease Amount/Mo.:
$3,910.00
Lease Expiration:
9/1/2023
Facilities:
All FF&E in good and working condition. Equip Value $100,000.
Market Outlook/
Competition:
Since 1985, Cici’s has been the price leader in offering the best custom pizza, pasta, soup, salad and dessert buffet in communities across the country.
Growth & Expansion:
Plenty of growth opportunities in brand via new development and the acquisition of existing units.
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About the Sale

Reason For Selling:
Other business interests.
Training/Support:
Franchisor provides 5-6 weeks of training.

Listing Info

ID:
1469969
Ad Detail Views:
661

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Business Listed by

Patti Schenk

FranBizNetwork

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Sponsoring Broker:

Carter Asefi
FranBizNetwork
License# 01962309

U.S. Census Data for Columbia County, FL
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Columbia County, FL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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