Papa Murphy's (Multi Units Available)

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Fresh made products daily.
Asking Price:
$250,000

Gross Revenue:
$400,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$7,000
included in asking price

FF&E:
$53,390
included in asking price

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Business Description

Great potential for a family business. Three stores available giving majority voting power in the designated market area. Will sell one, two, or all three. Average 6-7 employees per store. No ovens. This is a take and bake pizza franchise well established in the Bakersfield market. We feature fresh made salads, fresh made cookie dough, dessert pizzas, breadsticks and a unique variety of fresh ingredient based pizzas. Nothing Frozen. Fresh made dough, and local produce. We accept EBT (Food Stamps) which makes up approximately 30-40% of sales. Fantastic growth potential with the advent of institutional contracts and Franchisor flexibility for concession services. Financials upon request.

About the Business

Location:
Bakersfield, California
Year Established:
2002
Number of Employees:
7
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$2,064.00 Per Month
Lease Expiration:
1/31/2023
Facilities:
5 year lease with 5 year option extension. All equipment is included. Top of the line POS (NCR). Within an Albertson's shopping center. Lease assignment available.

More Photos: https://drive.google.com/open?id=1WfAMQNKRYq6-haP8XH6xZ_pLcOCJRXjw
Website:
www.papamurphys.com
Market Outlook/
Competition:
Locations are in excellent locations. The flow of business speaks for itself. A must see, investigate to satisfy your business interest.
Growth & Expansion:
Institutional contracts can go a long way. Only pizza chain that offers fresh ingredients that can be catered to USDA requirements for schools/hospitals/correctional facilities and the only pizza chain that accepts EBT (food stamp) in Bakersfield.
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About the Sale

Reason For Selling:
Owners are involved in other businesses and would like to dedicate their time.
Training/Support:
Upon successful close of escrow, training on a consulting basis will be provided as needed. Franchise will require a month long training upon franchisee approval.
Seller Financing:
BUY ALL 3, GET A PRICE REDUCTION

Listing Info

ID:
1541769
Ad Detail Views:
426

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Business Listed by

Joseph Leon

Americana Real Estate & Investments
License# 00447658

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