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Pizza Franchise For Sale
Location: United States -> Kentucky
Industry: Food and Beverage > Other Food and Beverage




Business Summary

This is a large establishment, in a highly desirable location in a Northern Kentucky city, grossing more than $1.8 million a year. The owners are selling for personal reasons, opening up this opportunity for someone else to reap substantial rewards. The new buyer would assume the bank loan that the seller has from the build-out. Even with the loan the cash flow would be over $100K!

This location is run by a manager; an on-the-ground owner would have incentive to push the revenue numbers even higher. This location has been open for nearly two years, and the numbers are still ramping up: the gross revenue was higher in the second year than in the first, which is exactly what any buyer would like to see.

How do we sing the praises of this pizza business for sale establishment? The build-out is impeccable! The decor and vibe are very distinctive, which is definitely a major draw for the patrons. Inside there are 200 seats in an ample 5,857 square feet, not-including a fantastic 2nd-story patio that seats an additional 50 customers. This restaurant has it's own parking lot, too, a big deal for the location.

This is a franchise, and they really knew what they were doing when they opened this location. It is a well-functioning machine. Also, they did things right, and the customers notice. For example, they don't just serve beer. They serve craft beer. 50 of them. On tap. Both upstairs and downstairs.

The kitchen here is what you would expect from a top-notch establishment and includes the requisite vent hood and grease trap. They serve excellent food from a well-thought-out menu, and the kitchen has been optomized for the franchise specialties.

This pizza business for sale, as mentioned, is part of an excellent franchise. The franchise transfer fee is $10K, royalties are 5%, the marketing fee is 2%, and there are an ample 13 years left on the franchise agreement.

For more information please call Certified Restaurant Broker Dave Duce...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,324,585
Cash Flow:   $213,056
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  35 - 49
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  1 week
Reason For Selling:  Personal

Photos

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Pizza Franchise For Sale Photo 1




Print Listing Id: 700279986
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Kentucky Businesses For Sale > Kentucky Franchises For Sale > Kentucky Business Brokers



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