Listing ID: 76729

Business Overview

Description:
This Pizza Franchise is one of the fastest-growing Pizza brands in the country. This Pizza Restaurant is located in a strip center anchored by a national brand drug store, national brand retailer, and other local retailers. Ample parking to accommodate customers, & provides an opportunity for heavy foot traffic to this restaurant. This business neighbors with plenty of businesses, residential housing, & close to the freeway, which makes it a go-to place for its local residents, the business community, and commuters. This Pizza franchise has industry-leading in-store and classroom training for all new franchise owners. The kitchen is equipped with a Type-2 hood providing an opportunity for full kitchen operation and concept conversion.

Equipment: Double Deck Conveyor Pizza Oven, Type-2 Hood, Cash Register with POS, Pizza Prep table, Dough Maker, Dough roller, Salad Bar, Walk-in cooler, Beer Taps, multiple LED TVs, and much more. A full list of equipment is available with the Listing Broker.

General Information:
Organization: Corporation | Square Footage:2700 sq. ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, ABC Type-41 Beer & Wine Lic. (Included & Transferable) | Hours: 11:00 am to 10:00 pm | Reason for Sale: Other Business Interests | Seating Capacity: 50 | Franchise Royalty: 9.5% (including 5% towards marketing), Franchise Transfer Fee: $15,000 (10k transfer fee, 5k training fee) |
Please refer to local COVID-19 guidelines regarding in-door dining restrictions.

Lease Information:
Rent: $4000/month including NNN,
Lease Term: Sellers Lease ending Nov 2022 plus TWO 5-year options.

Revenue:
Sales: $45,000/month (as per seller, not verified by the Broker)

All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.

Financial

  • Asking Price: $179,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: N/A
About The Facility:

The kitchen is equipped with a Type-2 hood providing an opportunity for full kitchen operation and concept conversion.

Is Support & Training Included:

Franchise training program

Purpose For Selling:

Other business interests

Established Franchise:

This Business Is An Established Franchise

Additional Info

The sale won't include inventory valued at $5,000*, which ins't included in the requested price.

The real estate is leased by the company for $4,000 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell businesses. However, the real reason vs the one they tell you might be 2 entirely different things. For instance, they might say "I have way too many various obligations" or "I am retiring". For many sellers, these reasons stand. But, for some, these may simply be reasons to attempt to hide the reality of transforming demographics, increased competition, current reduction in incomes, or a range of various other reasons. This is why it is very crucial that you not count absolutely on a seller's word, but rather, make use of the vendor's response together with your total due diligence. This will paint a more sensible image of the business's present situation.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of companies borrow money in order to cover items like stock, payroll, accounts payable, etc. Remember that occasionally this can indicate that profit margins are too tight. Numerous businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that need to be met or might result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location draw in brand-new clients? Most times, operating businesses have repeat consumers, which create the core of their daily earnings. Particular factors such as new competition sprouting up around the location, roadway building, as well as staff turn over can affect repeat clients and adversely influence future profits. One essential thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Certainly, the more people that see the business regularly, the greater the opportunity to construct a returning client base. A last idea is the general area demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Exactly how might the regional median house income effect future revenue prospects?