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




Business Summary

This pizza franchise for sale features a bar and is located in an upscale area and is doing sales of over $1 million. The owner is taking home over $150,000! Bring your offers today!

This pizza franchise for sale is located in a thriving residential community with continued growth featuring a high-rent 350-unit apartment complex, which is just now starting to lease their spaces only one block away. Additional apartments are directly above and across the street from the establishment as well! This is the only Denver (city proper) neighborhood that is still expanding its number of single family residences. Other areas are replacing homes but this one is still creating them! Residents in this community have twice the median household income, on average, of others in the Denver metro area!

Gross sales were in excess of $1 million in 2016, and net profits exceeded $150,000 at this pizza franchise for sale offered by the Restaurant Brokers. The absentee owners hope to see an owner/operator purchase this pizza franchise for sale and take it to the next level. Recently remodeled, this establishment boasts over 1,650 inside square feet with seating for 40, and approximately 300 additional square feet of beautiful outdoor seating for 20. The remodel was tastefully done and, at that time, a separate bar area was built and a full hotel/restaurant liquor license was acquired! Total rent expense is only $5,000 a month (just over 6 percent of net sales). Opportunity abounds at this location!

This pizza franchise for sale has incredibly solid books. The establishment has been in business for 14 years at this location and will be SBA eligible for qualified buyers. Royalties are only six percent!

Being that this is a private listing, a minimum of $200,000 in available funds must be verified prior to obtaining the name, location and detailed financial information of the establishment.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $946,628
Cash Flow:   $151,760
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2004
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Two weeks complimentary with additional training negotiable
Reason For Selling:  Other




Print Listing Id: 700307967
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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 > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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