Profitable full ABSENTEE Franchise pizza shop good 4 immigration visa

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Asking Price:
$249,000

Gross Revenue:
$604,651
Cash Flow:
$70,000
EBITDA:
$70,000
Inventory:
$4,000
included in asking price

FF&E:
$299,000
included in asking price

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Business Description

This is a BROKER's listing; please do NOT submit an inquiry for this business if you do NOT intend to:
1) Sign a Confidentiality agreement (a.k.a. Non-disclosure [NDA]);
2) Respect SELLER'S business confidentiality by not disclosing Business info to third party or communicating with Employees and/or Customers;
3) Make advanced appointment/notify BROKER of your approach of SELLERs.
4) Other brokers/agents please identify and request a co-brokering agreement on your 1st contact of Listing BROKER.
* Serious buyer only.

This businesss offers no dine-in. It is an established take-out & delivery pizza shop. Its FRANCHISE is a nationally renowned brand. With approximately 8 part-timers and 2 full-time employees, current Owner of this business (SELLER) is operating it full-absentee. In 2015, Seller spent approximately $400,000 to build this business from scratch going by Franchisor's guideline. Now, he wishes to sell this establishment in attempt to consolidate his businesses. The business is simply too far for Seller to commute from Plano, TX once or twice a month to Corsicana to perform a quick routine check on the facility and employees while he still has multiple convenient stores in Collin County to manage. From its inception, the business has always been managed by trustworthy full-time managers, who helped Seller successfully operates this pizza shop almost entirely owner-absentee with annual profits in the range of $70,000 to $80,000 / year. This is a good opportunity for any serious business purchaser who seeks to own a PROFITABLE Absentee business with a nationally recognized brand in a growing suburban area, away from the hustle and bustle of the big cities. It is also a rare opportunity for any international investor/buyer to acquire a business that would not only guarantee almost instantly some profits in return, but could also help the business purchaser in becoming eligible for an immigration visa to the United States with a well-known Franchise brand named on the immigration application.

About the Business

Location:
Corsicana, Texas
Year Established:
2015
Number of Employees:
10
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,800
Rent:
$1,828.00 Per Month
Facilities:
Very cheap rent & renewable for 3 years.
Market Outlook/
Competition:
Corsicana, Texas is a business-friendly community located just 50 miles southeast of downtown Dallas on I-45, which connects the Dallas-Fort Worth Metroplex with the Greater Houston metro area. The city is close enough to the Metroplex to take advantage of its extensive resources, while being just far enough away to also enjoy lower business operating and living costs. This pizza store is given a territory of 20 miles radius minimum by Franchisor.
Growth & Expansion:
POTENTIAL GROWTH: As the population in north Texas grows, more people are relocating to the suburbs. Corsicana is an ideal surburban town that
continues to grow along with the expansion of DFW metropolis. This established franchise pizza store sales records since 2015 speaks volume about the
enormous opportunity this suburban city has to offer to the business. Local marketing could help increase business by 20%, but current Owner does not live
near business premise and has no time to launch local marketing campaigns.
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About the Sale

Reason For Selling:
BUSINESS CONSOLIDATION
Training/Support:
Training provided by OWNER/MANAGER: 2 weeks after Closing of transaction
Additional training provided by CORPORATE/FRANCHISOR: to be determined by Corporate.

Listing Info

ID:
1601169
Ad Detail Views:
0

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Business Listed by

CANA PHAM

CANA PHAM

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U.S. Census Data for Navarro County, TX
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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