High Volume Cici's Pizza NW Suburb - At Major Intersection!

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Landlord willing to give $100k in Tenant improvement $$
Asking Price:
$99,000

Gross Revenue:
$1,008,048
Cash Flow:
$60,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Offering a custom pizza buffet featuring more than 25 different pizzas. In addition to pasta, chicken wings, warm soup, salad bar, plus oven-baked desserts. Also bottled & fountain drinks and fresh brewed iced tea.

Pizzas are available in traditional, deep dish, pan, stuffed or flat bread. There's also cheesy bread. Cappavilla pasta with marinara or alfredo sauce and soup. The salad bar offers a wide variety of fresh ingredients and delicious dressings. Crisp chicken wings come in 4 popular flavors. Desserts include brownies, cinnamon rolls and dessert pizzas.

Simple operation - counter service. Lunch, dinner, takeout and catering. Kids game room with 16 machines included - a real $$ maker, you keep 100% of the money. Free Wi-Fi. Rewards program with app or email.

Prime retail space in a 58,480 sqft grocery-anchored power center with 33 top tenants in the area including PetSmart, Marshalls, JO-Ann, Five Below, Party City, Office Depot/Max, Fresh Farms, Ashley Homestore, Old Navy, Foss Swim Schools and more.

Adjacent to a major indoor shopping center in a heavy retail corridor at a major intersection with over 35,000 vehicles per day. Surrounded by a very dense residential population of 138,000 residents and an average household income of nearly $107,000 within 3 miles.

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:
2009
Number of Employees:
16
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
4,374
Lease Amount/Mo.:
$2.60
Lease Expiration:
8/31/2019
Facilities:
Leased space $11.372/mth gross. Current lease expires in 2019 with two 5-year options.

Square Feet: 4,374.

Seating: 175.

Days/Hrs of Operation: Su-Th 11a-9p & Fr-Sa 11a-10p.
Website:
www.cicis.com/
Market Outlook/
Competition:
America's favorite family pizza franchise. Use only 100% real cheese. Their dough and desserts are made from scratch every day in every store. A price leader in offering the best custom pizza, pasta, soup, salad and dessert buffet in communities across the country. Known for being the best kid-friendly restaurant with quick service, Cici's has something for everyone.

Recent Accolades: 2017 Entrepreneur Magazine - ranked #1 in the buffet restaurant category and #214 in Franchise 500. 2017 Restaurant Business Online - ranked #1 in 10 most craveable pizza chain category. 2014 Techonomic Consumer Choice - award for best kid-friendly service restaurant. 2012 Market Force Survey - voted America's favorite pizza chain.
Growth & Expansion:
Cici's first restaurant opened in Plano, TX in 1985. Currently operating over 430 pizza restaurants in 30 states. In today's economic climate, more consumers are seeking affordable and convenient restaurants, making Cici's a valuable investment. 16 of the last 17 quarters of same store sales growth!
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About the Sale

Reason For Selling:
Retiring.
Training/Support:
Three to six weeks training locally and in Irvin, TX.
Seller Financing:
Possibly, to a well-qualified buyer

Listing Info

ID:
1554182
Ad Detail Views:
577

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$
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Business Listed by

Tom Traina

EatZ & Associates
License# 475175390

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