Listing ID: 83559
Proven Pizza delivery franchise with strong history, successfully operating since 2012! This location is thriving thanks to the brands established delivery and pickup model. Both Sales and EBITDA are rapidly increasing. The franchisee was the first in Texas and the market is ripe for more development! SBA financing is available with as little as 10% needed.
The store is operating with all the latest technology, including recently enhanced POS systems and online ordering platform! This franchise store meets or exceeds current brand standards. It is well maintained, and the owner has kept accurate books and records.
Absentee owned & operated. There is a strong General Manager in place that has run this store for 5+ years and has been with the brand for 13 years! The store also has an Assistant Mgr. and seasoned team which will allow for an easy transition of ownership. The team has many long-term members, high morale, and takes great pride in providing a top-notch customer experience.
This industry-leading brand has capitalized on the booming Better-pizza category with high-quality pizza and a variety of all-day and late-night snack options, including Boneless Wings, Pretzel Bites, Cheese Stix, and Desserts!
Interested in additional Information?
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You may also download the Confidentiality Form from our website at www.AtlanticBusinessBrokerage.com, where you can also view similar businesses for sale in your area.
- Asking Price: $539,000
- Cash Flow: N/A
- Gross Revenue: $1,081,621
- EBITDA: $228,926
- FF&E: N/A
- Inventory: $5,000
- Inventory Included: N/A
- Established: 2012
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:17
- Furniture, Fixtures and Equipment:N/A
Fantastic lease with occupancy/rent costs of only 4.7% of sales, and multiple Option terms are in place for the Buyer. Strong location at the heart of a university campus with tremendous visibility and signage, plus a beautiful patio! This franchise is the “go-to” Better-Pizza delivery and pick-up provider for the 10,000+ Students and faculty and perfectly positioned to deliver to the surrounding residential population, hospital district and businesses in the area as well!
Up to two weeks of comprehensive training provided by the Franchisor, ensuring you are ready to own this successful Better-Pizza delivery franchise.
Many successful years of Restaurant ownership - pursuing other interests
1) 2nd Location! 2) Community Involvement - Structured Fundraising nights & partnerships with schools, sports teams, and other organizations, etc. would be very impactful and further increase brand awareness and sales! 3) 3rd Party delivery – The store has great upside potential with growing 3rd party delivery. This is in addition to in-house delivery and has increased brand awareness and is generating new incremental sales. 4) The store now offers curb-side pickup. 5) The current owner has done very little marketing – Buyer could drive immediate sales increases!
This Business Is An Established Franchise
The business was founded in 2012, making the business 10 years old.
The sale won't include inventory valued at $5,000*, which ins't included in the suggested price.
Why is the Current Owner Selling The Business?
There are all types of reasons why people resolve to sell companies. However, the genuine reason vs the one they tell you may be 2 entirely different things. As an example, they may state "I have a lot of various obligations" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these may just be excuses to try to hide the reality of altering demographics, increased competitors, recent reduction in profits, or a variety of various other factors. This is why it is really important that you not count entirely on a seller's word, but instead, utilize the vendor's response along with your total due diligence. This will repaint a more reasonable picture of the business's present scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Lots of operating businesses finance loans in order to cover points such as stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can suggest that profit margins are too tight. Numerous companies fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that have to be fulfilled or may lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location bring in brand-new consumers? Many times, companies have repeat clients, which develop the core of their day-to-day earnings. Specific elements such as brand-new competition growing up around the area, road building, and employee turnover can impact repeat customers and adversely affect future incomes. One vital thing to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business often, the better the chance to construct a returning client base. A final thought is the basic location demographics. Is the business located in a densely inhabited city, or is it situated on the outskirts of town? Exactly how might the local median house income impact future income prospects?