Package Deal - 5 Popular Pizza Buffet Franchises -Maryland & Virginia!

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Asking Price:
$495,000

Gross Revenue:
$4,524,479
Cash Flow:
$275,000
(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 self-serve buffet featuring a wide variety of 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 crust or flatbread. 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 as well as pasta salad. Crisp chicken wings and new boneless wings in 4 popular flavors. Desserts include brownies, cinnamon rolls and dessert pizzas.

And now offering family packs and party packs to-go!

Simple operation - counter service. Lunch, dinner, takeout and catering. Kids game room - a real $$ maker, you keep 100% of the money. Space available to host group events, meetings, school/sports teams and parties. Free Wi-Fi. Rewards program with app, email and text.

Locations:

#1 - In a busy 384,000 sqft power center anchored by Hobby Lobby and CVS along with Sam's Club, Lowe's and Martin's grocery store. Across Ashley Furniture Store, PepBoys, Staples and Kmart. Perfectly situated in this dominant regional shopping center in the heart of the city's primary retail area. Strategically positioned next to the mall and near the two major thoroughfares connecting Maryland, Virginia and Pennsylvania. Located in the fastest growing metropolitan area in the state of Maryland and among the fastest growing cities in the United States. A transportation, commerce and recreation center known as "Hub City" and "Maryland's Gateway to the West".

#2 - In a busy 110,000 sqft neighborhood shopping center conveniently located off the interstate and many major routes, just 10 minutes from the historic downtown. This busy center features 30 stores and over 10 restaurants, something for everyone. Includes many outstanding specialty retailers and superb professional services such as Krispy Kreme, Sushi Densha, LaVida Massage, Music & Arts, Plato's Closet and more. Perfectly situated adjacent to the movie theater and close to the mall, additional shopping and several hotels. Located in a vibrant city less than one hour from Washington, D.C., Baltimore and Gettysburg. It's where hip meets history!

#3 - In a busy 194,484 sqft shopping center anchored by Martin grocery store and Kohl's, shadow anchored by Target and adjacent to the mall. Boasts very high visibility and accessibility at a signalized intersection. Over 29,000 vehicles per day. Perfectly situated less than a mile away from James Madison University with over 21,000 students and just minutes from Rockingham Memorial Hospital. Located in a friendly city in the central Shenandoah Valley region of Virginia right along Interstate 81 that is only 2 hours away from both Richmond, Virginia and Washington, D.C.

#4 - In a busy neighborhood shopping center anchored by Kroger, the #2 grocer in the market. Other popular tenants include Petco, Staples, Hair Cuttery, Verizon Wireless, Sally Beauty, H&R Block, Rent-A-Center and more. Ample parking. The center is perfectly situated in the heart of the city's retail section on a major corridor that connects 2 other major retail areas. Boasts a population exceeding 26,000 within a 3-mile radius. Located in a dynamic city nestled in the Shenandoah Valley that has been named one of America's favorite mountain towns, one of the best small towns in America and one of the great small towns near D.C.

#5 - In a busy 104,703 sqft neighborhood shopping center anchored by Hobby Lobby and Staples. Other popular tenants include Dollar Store, Verizon and more. Perfectly situated directly across from the mall featuring 80 sought-after tenants and a movie theater. Also surrounded by a thriving retail area that includes many national retailers such as Costco, Dick's Sporting Goods, The Home Depot, Lo

About the Business

Location:
Winchester city County, Virginia
Year Established:
2002
Number of Employees:
60
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1
Rent:
$1.00 Per Month
Lease Expiration:
1/5/2023
Facilities:
#1 - Leased space $11,799/mth gross. Current lease expires Dec 2024 with one 5-year option.

#2 - Leased space $11,715/mth gross. Current lease expires Jul 2020 with one 5-year option.

#3 - Leased space $5,679/mth gross. Current lease expires Dec 2021 with one 5-year option.

#4 - Leased space $5,569/mth gross. Current lease expires Oct 2023 with one 5-year option.

#5 - Leased space $10,464/mth gross. Current lease expires Jan 2023 with one 5-year option.

Square Feet: 5,200 + 4,054 + 3,800 + 4,500 + 4,800 = 22,354.

Seating: 200 + 175 + 170 + 200 + 170 = 915.

Days/Hrs of Operation: Su-Th 11a-9p & Fr-Sa 11a-10p.

Value of FF&E: Included in Asking Price .
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, has something for everyone. Great place for birthday parties, team gatherings and family celebrations.

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:
First restaurant opened in Plano, TX in 1985. Currently operating over 430 pizza restaurants in 30 states. Constantly expanding their menu with new food offerings. In today's economic climate, more consumers are seeking affordable and convenient restaurants, making this a valuable investment.
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About the Sale

Reason For Selling:
Current owner has relocated out of state.
Training/Support:
Three to five weeks training.
Seller Financing:
No

Listing Info

ID:
1609997
Ad Detail Views:
3690

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Business Listed by

Tom Traina

EatZ & Associates
License# 475175390

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