Sandwich Franchise

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Restaurant-fast casual franchise in Town Center
Asking Price:
$69,000

Gross Revenue:
$350,000
Cash Flow:
$45,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Pita Pit Sandwich Franchise For Sale in the Virginia Beach, Virginia region for $68,000! Established franchise opportunity, currently grossing over $350,000. We are expecting a sales increase for 2019! Income is based on an owner-operator role. Pita Pit is a popular quick service restaurant offering a menu of breakfast, meat and veggie pita sandwiches, salads, and catering - a healthier alternative to fast food. This store is in a busy shopping plaza with a large popular anchor store, other retail, and dining. Huge opportunity to expand! Store would benefit from an owner-operator to grow the delivery and catering business. There is currently an experienced manager if buyer would prefer more passive role. Included in the sale is all equipment (total estimated value $100,000) New owner will need to be approved by the franchisor.

About the Business

Location:
Va Beach, Virginia
Year Established:
2014
Number of Employees:
10
Relocatable:
Yes
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,160
Rent:
$4,500.00 Per Month
Lease Expiration:
9/1/2024
Facilities:
approximately 150k
Website:
pitapitusa.com
Market Outlook/
Competition:
This is the only Pita Pit in the area.
Growth & Expansion:
Expansion available through franchise
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About the Sale

Reason For Selling:
getting out of business
Training/Support:
Ongoing corporate support available. Seller can be on site for 2 weeks, available for questions for an additional two.
Seller Financing:
some financing available

Listing Info

ID:
1444586
Ad Detail Views:
0


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Business Listed by
Anthony Rivera

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