Contact: Tim Carter
Email: [email protected]
Your Reference ID: TC1042318
The absentee owner of this successful location of an established and respected pizza franchise needs to devote all his time and resources to his core businesses, and as such is offering this attractive business for sale.
With a menu of a wide array of high quality products, this store quickly became and continues to be a neighborhood favorite. With annual sales just over $600,000 and growing each year, the business cash flows nearly $120,000 to a fulltime owner operator. This is a great opportunity for a new, full-time owner/operator to step in and take this cash flowing franchise to the next level.
The business operates out of a 2000 square foot space in an attractive retail complex that is nestled in a desirable and growing suburban community. The store is well located and has large, distinctive signage with great visibility. The restaurant, which does about 20% delivery and 80% dine in and carryout, features a comfortable and convenient dining area. As such, this restaurant offers their patrons a nice, casual setting to get out of the house and “dine out” at dinner time or get out of the office for a quick lunch without the inflated prices of a typical restaurant and the expense of tipping a full service wait staff.
The asking price is $199,900, a very attractive 1.66x SDE (seller’s discretionary earnings – the normalized cash flow available to pay an owner/operator and service debt). The price includes all assets, inventory, the franchise transfer fee, a week of franchisor provided training and a week of training at the business. To learn how you can step into instant cash flow please contact Tim Carter (616-560-1080 or firstname.lastname@example.org to learn more about this excellent franchise resale opportunity.
Location(s): Mid Michigan
Asking Price: $199,900
Cash Flow: $120,000