Listing ID: 81101
This is a long established, family run and profitable Papa Murphy’s. This store has been operated well and has very good reviews for cleanliness and friendliness. A new owner can make a smooth transition with a store like this because it is turn-key, profitable and has a great reputation.
This is a great opportunity to own a top pizza franchise for an affordable investment!
Papa Murphy’s offers one of the finest training programs in the franchise business and will support you 100%.
Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker or agent makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification & that of their financial &/or legal advisors with regard to this information. Gross revenue and cash flow are projected for 2021 based on current sales.
- Asking Price: $129,000
- Cash Flow: N/A
- Gross Revenue: $312,000
- EBITDA: $59,000
- FF&E: $80,000
- Inventory: $5,000
- Inventory Included: N/A
- Established: 2008
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,800
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
This store is extremely clean and well maintained.
Papa Murphy's offers one of the finest training programs in the franchise restaurant business and great support after the transition and moving forward.
Papa Murphy's is a leader in the pizza restaurant world offering take and bake pizza at an affordable price.
Papa Murphy's is always looking for owners that would like to grow and expand their business. We have worked with many owners that started with only one location and now have many stores.
This Business Is An Established Franchise
The venture was founded in 2008, making the business 14 years old.
The sale shall not include inventory valued at $5,000*, which ins't included in the requested price.
The company has 4 employees and is located in a building with approx. square footage of 1,800 sq ft.
The building is leased by the business for $3,158 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals choose to sell companies. Nevertheless, the genuine reason and the one they tell you might be 2 entirely different things. As an example, they may say "I have too many other obligations" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might just be justifications to try to hide the reality of altering demographics, increased competition, current reduction in earnings, or a range of various other factors. This is why it is very vital that you not count completely on a vendor's word, yet rather, use the seller's solution together with your overall due diligence. This will paint a much more practical image of the business's current circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Many companies finance loans in order to cover things like inventory, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can indicate that earnings margins are too tight. Lots of businesses fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that should be met or may result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the location attract brand-new clients? Most times, companies have repeat clients, which develop the core of their everyday revenues. Particular aspects such as brand-new competitors sprouting up around the location, roadway building, and staff turn over can influence repeat clients and adversely influence future profits. One important thing to think about is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business regularly, the greater the chance to construct a returning client base. A last idea is the basic location demographics. Is the business placed in a densely populated city, or is it located on the edge of town? Exactly how might the regional mean home earnings impact future earnings potential?