Profitable Pizza Franchise for Sale in Downtown Houston - Won't Last!

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Asking Price:
$469,000

Gross Revenue:
$574,897
Cash Flow:
$123,361
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This “Down-The-Line” Profitable Pizza Franchise For Sale Features 3,093 Square Feet in the Ground Floor of a High-Rent Apartment Complex, with the Owner Taking Home Nearly $125,000 Per Year! Bring Your Offers Today!
Seller financing available for the right buyer!
This Profitable pizza franchise for sale is located in a thriving area of downtown Houston, across from a METRORail station. In addition to the 600 residents living above, there are another 750 residents living on both sides of the restaurant and another 1,000 newly constructed apartments within a 2-block radius. And there are 40,000 employees within walking distance of this urban location and this density, coupled with a newly launched catering program, presents a sizable, untapped incremental revenue opportunity! There are no other build-your-own pizza concepts in all of Downtown or Midtown and this lack of competition bodes well for future sales growth!
Gross sales were nearly $600,000 in 2018, and profits were almost $125,000 at this pizza franchise for sale offered by We Sell Restaurants. The owners are mostly absentee and are selling to pursue other investment opportunities. They hope to see an owner/operator purchase this profitable pizza franchise for sale and take it to the next level!
The owners spent $550,000 in 2016 to finish-out this first-generation space. It has a contemporary, industrial decor, the focal point being the gas-fired brick oven that cooks pizzas in just 4 minutes! This restaurant features indoor seating for 80, unfinished concrete floors, floor-to-ceiling glass with fantastic 50-foot ceilings for ample light, five LCD 50” TVs and a stainless-steel tap wall which currently pours 25 craft beers (beer sales were $45,000 in 2018!). The patio comfortably seats an additional 30 guests and customers can enjoy free, covered parking in the first floor of an adjacent garage as well as street parking. A solid management team, consisting of a General Manager and Assistant General Manager, is currently in place. Rent, including CAM, is $7,562 per month with an initial lease term of five years (currently year 4) with a five-year option.
The current menu at this pizza franchise for sale includes hand-tossed, 10” pizzas, paninis, chopped salads, gelato, and brownies. Customers can choose from signature items on the menu or go “down-the-line” and customize their pizza, panini or salad from a selection of over 40 of the freshest toppings! Drinks include a Coke Freestyle machine as well as beer and wine (TABC license in place). This pizza franchise for sale has incredibly solid books and has been in business for 3.5 years. Royalties are only 5% and marketing costs a nominal 1%. Seller will train a new owner for up to 2 weeks.
No need to spend the time or money on a new franchise when you can immediately reap the benefits from an already established pizza franchise for sale generating a six-figure profit. The total cost to purchase this franchise with a comparable build-out would cost well over $600,000! Take advantage of purchasing a solid sales generator today!

About the Business

Location:
Houston, Texas
Year Established:
2016
Number of Employees:
12
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
3,093
Rent:
$7,546.92 Per Month
Lease Expiration:
5/29/2025
Facilities:
Fire Deck Oven 2 reach in under counter coolers 2 Drop in cold food pans Walk in cooler Refrigerated display case Gelato display case Food slicer Pizza cutting table work tables Food pan warmer Reach in freezer Beer draft system keg rack wine cellar heated cabinet ice machine
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
This is the only build-your-own pizza restaurant in downtown Houston which provides a great opportunity and the space is bustling The cons concern the number of restaurants in the area but none of them are in exactly this same space
Growth & Expansion:
This is the first location of this franchise in Houston which provides a foothold for future expansion of the brand The con to this is the fact that the brand is no yet well known in the area
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About the Sale

Reason For Selling:
Personal
Training/Support:
2 weeks

Listing Info

ID:
1640326
Ad Detail Views:
0

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Business Listed by

Dave Duce

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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