Johnny’s Pizza in Fayetteville – Failing Health - Best Deal on Market

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Failing Health Forcing Bottom Dollar Sale! Act Quickly - Won't Last!
Asking Price:
$95,000

Gross Revenue:
$570,000
Cash Flow:
$52,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$6,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Well known and established (since 1998) Johnny's NY Style Pizza franchise in high-growth area of Fayette County. Franchisor has been in operation for 41 years. This restaurant is at the hub of activity in the area. Great visibility and access on major north-south thoroughfare and just 3 miles from Pinewood Studios. Southern Ground Amphitheatre just a block away. Several major schools and regional medical center in immediate vicinity.
This restaurant offers a variety of tasty hand-tossed pizzas, calzones and strombolis in authentic New York style. With Wings, Subs, Salads and Pasta dishes there is something for every member of the family. Seasonal menus add further variety to the offerings. Television screens located strategically throughout dining room. Customers can enjoy a variety of televised sports events while enjoying a draught beer from one of 12 taps. There is not a bad seat in the house.
This restaurant opportunity is making money every day and will not last long on the market.

About the Business

Year Established:
1998
Number of Employees:
20
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Rate/Sq. Ft./Yr.:
$9.60
Facilities:
Facility is a spacious 4000 sq ft and designed around a large open kitchen concept surrounded by a 28-foot walnut bar that seats 12. Numerous giant screens and large screen TV’s throughout.
Premises features ample parking both front and back with entrances at both ends for customer convenience. Operation is augmented by an online menu and ordering system that streamlines and enhances the customer experience.
Desirable lease of $9.60 per sq ft per year. Monthly base rent is a very reasonable $3200 plus CAM.
Growth & Expansion:
Owners have grand plans for this restaurant but failing health is forcing a reluctant sale. There is tremendous opportunity to increase revenues by simply adding daytime delivery, catering, marketing to the numerous businesses and studios in the immediate area. Facility has a Party Room of approximately 27 feet by 13 feet that has not been utilized. Party Room is perfect to capture business from team events and gatherings of all types.
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About the Sale

Reason For Selling:
Owner's failing health.
Seller Financing:
Selling Price has been drastically reduced to a FIRM $95000.

Listing Info

ID:
1379546
Ad Detail Views:
146

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U.S. Census Data for Fayette County, GA
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 Fayette County, GA
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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