Fast Food Pizza Franchise Champaign, IL - Market Place Shopping Center

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Food court location Absentee Owner .
Asking Price:
$129,000

Gross Revenue:
$349,973
Cash Flow:
$66,977
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Featuring a variety of Neapolitan and pan pizzas, authentic Italian entrées, homemade pasta, Stromboli, hot sandwiches, healthy salads and specialty items.

Simple operation - counter service. Plus catering is available.

100% absentee run. Full time manager in place.

Location: Prime retail space in the food court of the best shopping mall in the area along with Great Steak & Potato, Chick Shack/Campus Burger, Sarku Japan, Panda Express, Kato's Cajun and Quencher Smoothies.

A 1,044,984 sqft mall anchored byJCPenney, Dick's Sporting Goods and Macy's with an unmatched retail mix of 100 stores and restaurants. A family-friendly destination with more than 10 million customer visits annually!

Located approximately 2.5 hours from Chicago. Perfectly situated between Chicago, St. Louis and Indianapolis, easily accessible via Interstates 74 and 57. This busy shopping center offers local residents and the more than 40,000 students at the University of Illinois an outstanding destination for shopping, dining and entertainment.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not discuss with patrons or employees. If interested, contact EatZ for more information. Showings by appointment only.

Listed By Tom Traina at EatZ & Associates

About the Business

Year Established:
2014
Number of Employees:
5
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
600
Lease Amount/Mo.:
$7.96
Lease Expiration:
11/1/2019
Facilities:
Leased space $4,775/mth includes rent, CAM, insurance and taxes. Current lease expires in 2019 and landlord willing to renew.

Square Feet: 600.

Seating: Food Court.

Days/Hrs of Operation: Mall Hours = Mo-Sa 10a-9p & Su 11a-6p.
Market Outlook/
Competition:
Authentic old-world recipes from Naples, Italy. Quality ingredients like homemade dough, 100% whole milk mozzarella and fresh sauces. Contemporary Italian kitchen design, with the oven taking center stage. Recognized by Technomic and Entrepreneur Magazine as one of the top 500 franchises in the country. A member of the pizza hall of fame!
Growth & Expansion:
First pizzeria opened in 1964 next to the Ed Sullivan Theater in New York. Operated by a franchisor with a global portfolio of nearly 350 worldwide. Currently there are 225 of these pizza franchises with more planned for the future.

An industry leader, known for providing high-quality food-court-style management and international franchise opportunity in malls, airports, casinos and other high-traffic venues. An experienced restaurant company with over 50 years of growth and success!
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About the Sale

Reason For Selling:
Downsizing.
Training/Support:
Two weeks of hands-on training at their national training facility in Minnesota.

Listing Info

ID:
1568329
Ad Detail Views:
68

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$
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Business Listed by

Tom Traina

EatZ & Associates
License# 475175390

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U.S. Census Data for Champaign County, IL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Champaign County, IL
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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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