Little Caesars - Sycamore IL

Asking Price$375,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

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Little Caesars - Sycamore IL


Asking Price$375,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Business Description
Profitable store, sales up year over year!!
Per Franchisor regulations, Buyer needs to contact agent and complete non-disclosure agreement and personal financial statement prior to receiving sales and cash flow information. Little Caesars is one of the largest and fastest the growing pizza carry-out chains in the world with restaurants on five continents. Franchisor requires a minimum of 700 credit score, $350,000 net worth or 70% of purchase price, whichever is higher with $150,000 liquid cash or 20% of purchase price, whichever is higher. IRA and 401K not acceptable as liquid, only items that can be liquidated within 24 hours. Restaurant experience is preferred.
About the Business
Years in Operation
12
Employees
6
Franchise
This business is an established Little Caesars Pizza franchise
Facilities & Assets
All FF&E to be in good working condition prior to change over. Buyer will have opportunity to inspect prior to close of escrow. For more information visit www.franbiznetwork.com and register. Remodel complete 2024.
Website
https://www.franbiznetwork.com/property/little-caesars-26/
Market Outlook / Competition
Located on the Northwest corner of Peace Road and Route 23 in Sycamore. Location is directly across from the 280,000 s.f. Jewel-Anchored Sycamore Community Center. The center offers roadside visibility, ample parking, and easy access in a commercial area surrounded by extensive residential expansion.
Competiton includes Slow Smoke BBQ, Caseys Pizza. Minimum wage in IL is $13/hr
Opportunities for Growth
Growth in brand via new development and/or acquisition of existing units. For further detailed information please visit www.franbiznetwork.com and register
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,400
Rent
$1,991.00 per month
About the Sale
Seller Motivation
Retiring
Transition Support
Franchisor has a training program that consists of 8 Weeks of On-the-Job Training. 1st week is in Detroit MI and the remaining weeks will be held at an approved Little Caesars location.
Financing Options
Financing available thru SBA and conventional lenders.
Listing Info
ID
2087020
Listing Views
5226

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Business Listed by: Patti Schenk FranBizNetwork

Listing ID: 2087020 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. See our full Terms of Use. Learn how to avoid scams.


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