Franchisable & Expandable Pizza & Sub Shop Chain For Sale

Business description

This thriving pizza & sub shop operation has a solid reputation for quality food and service for 20 years. There are two southern Maine locations, both in high-traffic metropolitan areas. A varied menu features pizza, subs and specialty items for eat- in, take-out, or delivery. The company has registered trade and service marks. It is poised for expansion locally, regionally, and nationally.

Franchise terms

Currently 2 locations. Systems and procedures are in place so that business could be franchised.

Property information

Real Estate:

Lease

Location:

The company has two well-maintained leased facilities which provide all of the necessary equipment and supplies to support its successful operations. Themed decorating schemes provide ambience and contribute to brand identification.

Other information

Expansion potential:

The major growth opportunities for the business are continued retail expansion and refinements of its product offerings. The company is poised to take the next step with either franchising or trademark licensing. Locally brand recognition needs improvement by emphasizing its unique proprietary menu items.

Competition / Market:

The business successfully operates in a very competitive restaurant market. The company’s 20-year proven track record of growth and profitability speaks volumes about its branding, name recognition and product quality.

Support & training:

The seller will provide training for a new owner and will be available for consultation following the training period.

Reasons for selling:

Seller wishes to move on to other ventures.

Financing available:

Anticipated Seller/Bank Financing $70,000. Down Payment $20,000. Working Capital Needed $15,000. Inventory Purchase $10,000

Furniture / Fixtures value:

$65,000 (included in the asking price)

Inventory / Stock value:

$10,000