Profitable Franchise Pizza Restaurants

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Asking Price:
$430,000

Gross Revenue:
$1,237,113
Cash Flow:
$155,956
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Two nationally recognized Franchise Pizza Restaurant locations 2 hours apart near Reno, Nevada area. The businesses were established in 1985 and 1990. Current owner since 2018. Both restaurants are located on the end caps of multi tenant shopping centers that include a major grocery chain and pharmacy, yogurt shop and nail salon. There are national retail tenants around the corner in addition to residential complexes and multiple hotel properties.
Each location has seating for 120-130 customers and 20 +/-employees. Hours of operation are daily 11 am - 10 pm.

Buyer should have food industry experience in additon to a minimum liquidity of $200,000 and a net worth of $500,000. There is over $200,000 of equipment for both locations. Buyer can also apply for a gaming license and have up to eight games once the license is active. Franchise agreements are in place until 2038. Licenses required are Business, Health and ABC.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button.

About the Business

Location:
Elko, Nevada
Year Established:
1985
Number of Employees:
20
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
3,400
Rent:
$10,600.00 Per Month
Facilities:
Stores are 2 hours apart, off of I-80, east of Reno.
Both restaurants are located on the end caps of multi tenant shopping centers that include a major grocery chain and pharmacy, yogurt shop and nail salon. There are national retail tenants around the corner in addition to residential complexes and multiple hotel properties. Both locations are approximately 3400 +/- square feet.
Market Outlook/
Competition:
Nearby competition includes Domino's, Pizza Hut and Winnemucca Pizzeria, Little Caesar's and Papa Murphy's Take-n-Bake.
Growth & Expansion:
Buyer can apply for a gaming license; store can accommodate 8 games once license is active.
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About the Sale

Training/Support:
There is a 4 week training period for Buyer.

Listing Info

ID:
1607665
Ad Detail Views:
0

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Business Listed by

Katrina Loftin, CBI M&AMI

M&A Business Advisors
License# 32417

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