Property Details

DESCRIPTION:

             A well-known east side local franchise pizzeria for sale

• It is located off a very busy east-side highway
• This completely remodeled location was opened in October of 2020
• New equipment in an extremely efficient layout
• This brand is known for quality and a focus on HUGH sllices
• Currently hours of business are 10 a.m. to 8 p.m. daily, and closed Mondays
• There is plenty of well-lit parking maintained by the town
• There is 6 months of training available to the buyer of this pizzeria
• Royalty expenses come out to only about a pizza a day

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

• Furniture, fixtures, and equipment at a fair market value of $ 125,000
• Inventory at cost of $ 3,000

 LEASE ARRANGEMENTS:

Current base rent is $3550 a month with additional taxes of approximately $4 00 a month

SALES:

Sales:  10/20/2020 thru 9/30/2021  $863,217

PRICE/FINANCING:

 Asking price is $ 285,000 with some seller financing available to a qualified buyer

 COMMENTS:

This is an ideal owner/operator opportunity. Buyer must have some background in the industry. Training will be required as a new Franchise owner. Expanding hours and opening 7 days a week will increase sales. The projected sales for 2021 is $ 1,000,000 plus. This industry is recession and pandemic proof.