Need to sell immediate Highly successful Pizza franchise
Listing: #NYC00038
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About this Business for sale in Long Island
Need to sell immediate Highly successful Pizza franchiseAsking Price:$299,000
Cash Flow:$75,000
Gross Revenue:$466,000
FF&E:$200,000
Inventory:$5,000*
Lease Rate:$32,136 /SF/Year
Established:2012
*not included in asking price.
Business Description
HUGE PRICE DROP! Now ONLY $299,000 - Will Entertain ALL OFFERS
Opportunity is knocking.
HUGE PRICE DROP! Highly Successful Pizza Franchise
Opportunity is knocking to own a rapidly growing | profitable | highly visible | prestigious | well built & planned store for a fraction of what it cost to build. The franchise is one of the largest in the world and consistently rated #1 in customer satisfaction.
Highlights:
* Beautiful store - must see to believe
* Triple AAA site | Corner location | Large & diverse service area
* Latest prototype & design - no costly renovations for years
* State of the art build | Maintenance free | Scalable | Efficient - ENERGY SAVER
* Simple menu = easy to operate = maximum ROI | Plenty of parking | Safe neighborhood
* High growth forecast | Valuable brand & identity | Excellent support system & training
* Long lease | Super low rent & overhead | HIGH NET MARGIN
* Reason for selling: Medical
* Absentee investor's delight (outperform all financial markets) or earn even more as owner operator
* Get in on the ground floor and enjoy years of growth & hassle-free income
Save on construction costs. The cost to build store: $550,000
*** Now ONLY $350,000- MUST SELL ***
Will Entertain ALL OFFERS | FINANCING AVAILABLE
Have Proof of Funds Ready | SERIOUS INQUIRIES
Pizza Franchise resale: 350,000 which is a fraction of what it cost to build at 550,000. It's yielding a net profit of about 75K per annum which can be over 100,000 with an owner-operator. Seller financing available. The store is widely regarded as one of the best built, maintenance free & most beautiful in the system and has super low rent, friendly lease, high net margin and much more.
Gross Sales 2017: $466,000 (growth 3 straight years)
Rent: $32,136
Labor: $120,000
Store Size: 2000 sq. ft with seating
Years in Operation: 5
Hours: 11 am - 12 am daily
Retail | Chain Restaurant | Fast Food | Quick Service | Diner | Franchise Business | Pizza | Pizzeria | Papa John's | Dominos | Pizza Hut | Burger | Chicken wings | Take out | Delivery | Deli | Convenience store | C-store | Liquor store | Wine | Beer | Gas station | Bakery | Business for sale
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.