Scotts Valley Pizza Nets $75,000 yr.$30,000 Down Owner finance
Business Description
Well established Pizza Franchise. Seller must sell due to a tragic death in the ownership of the business. The Franchisor REQUIRES THE BUYER TO HAVE AT LEAST $75,000 CASH TO QUALIFY FOR APPROVAL. The landlord also requires the buyer to have a net worth of $300,000 or more to qualify for the lease. The owner is willing to finance the sale. Buyer will be required to go through (3) weeks of training. Sales before the tragic death of one of the owners are about the same now. THIS SALE IS DESIGNED FOR AN OWNER/OPERATOR. The franchisor most likely will waive the transfer fee of $ 25,000. Gross Sales for 2024 were $522,899. Sales for 2025 are expected to be about the same.
About the Business
- Years in Operation
- 33
- Franchise
- This business is an established franchise
- Facilities & Assets
- The store is approx. 1,350 sq. ft. Present owner has been absentee for 10 years. As mentioned earlier one of the owners suddenly passed away. This sale is only designed FOR AN OWNER/OPERATOR. The store will need interior upgrades in approx. 3 years. Franchisor is flexible with this requirement. The present lease expires in December of 2027. Landlord will have to give (2) five year options. Gross rent including the CAM charge is $5,844 per month.
- Market Outlook / Competition
- Considering the business has been absentee operated for many years the store has held it's own. The present market condition is outstanding since the present management has not reached out to the community to contract with any schools, churches, athletic organizations, police, sheriffs, and the local fire department. There is always competition in the pizza business.
- Opportunities for Growth
- Presently the average ticket is less than $27.00. It should be around $30.00 Plus.
About the Sale
- Seller Motivation
- Death in the family.
- Transition Support
- Buyer will be required to attend approx. (3) weeks of in store training most likely in the Sacramento area. Franchisor will provide for on going training and support in the future.
- Financing Options
- Seller is motivated and will finance the sale.
Listing Info
- ID
- 2408166
- Listing Views
- 405
Listing ID: 2408166 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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