Business Overview

Incredible opportunity to buy a successful franchise pizza location in the Peoria/Glendale Area. This take-out and delivery restaurant in the Northwest Valley is in a prime location on a major East/West artery surrounded by established housing developments. All the equipment is very well maintained. This is a turn-key opportunity for an owner operator that can continue the growth trend. Perfect setup for a family business. This is higher-end Chicago style pizza with fresh ingredients and proprietary sauces, dough, cheese, etc. Well-known Franchisor, has over 25 locations in the valley, and charges very reasonable royalty and marketing fees. Good on-site training program for new franchisees as well as marketing support and proprietary POS system. SERIOUS BUYERS ONLY PLEASE. All inquiring parties will be required to complete a confidentiality agreement before receiving any additional information. Note: In addition to the sales price there is a $15,000 franchise transfer fee.

Financial

  • Asking Price: $295,000
  • Cash Flow: $150,000
  • Gross Revenue: $725,000
  • EBITDA: $150,000
  • FF&E: $100,000
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 2002

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,750
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 week training period

Purpose For Selling:

Other business interests

Established Franchise:

This Business Is An Established Franchise

Additional Info

The business was established in 2002, making the business 20 years old.
The transaction won't include inventory valued at $5,000*, which ins't included in the asking price.

The business has 4 FT/ 4 Contract employees and is located in a building with estimated square footage of 1,750 sq ft.
The real estate is leased by the business for $4,422 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell companies. Nonetheless, the real factor vs the one they say to you may be 2 absolutely different things. As an example, they might say "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these may just be excuses to try to conceal the reality of changing demographics, increased competitors, current decrease in revenues, or a range of other reasons. This is why it is extremely vital that you not rely completely on a vendor's word, however rather, utilize the seller's solution together with your overall due diligence. This will paint a more reasonable picture of the business's present situation.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of operating businesses take out loans so as to cover things such as supplies, payroll, accounts payable, and so on. Remember that in some cases this can mean that earnings margins are too tight. Lots of companies fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that have to be met or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area bring in new consumers? Often times, companies have repeat clients, which develop the core of their everyday earnings. Certain aspects such as new competitors growing up around the location, roadway building, as well as employee turnover can affect repeat clients and also adversely affect future profits. One vital thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business on a regular basis, the higher the possibility to build a returning client base. A last idea is the basic area demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? Just how might the regional typical family income effect future income prospects?