Summary
- Asking price:
-
$99,000
- Sales revenue:
- $475,092
- Net profit:
- $60,170
- Franchise opportunity:
- Yes
- Years established:
- 2006
- Employees:
- 14 PT
Franchise terms
The Franchise fee is 5.5%, National Advertising Fund fee is 2.5%, and the Local Ad fund fee is 3.5%. This is a regionally known Seattle based Franchise with 4 weeks of intensive training at one of their local stores on all the aspects of owning and operating a Pizza business. Transfer fee is $3,000. Training fee is $5,000.
Business description
This Gourmet Pizza business was opened in 2006 and all of the equipment and fixtures are still just like new. It is located in the Meridian district of Puyallup nestled among many businesses and the booming residential growth area, with a perfect demographic mix of businesses and residential neighborhoods. There is great access and lots of parking. The current owner is basically absentee; he works less than 15 hours per week. The revolutionary concept of Gourmet pizza and "fast delivery" combined with unexcelled service has made this one of the fast growing Franchises in the business. This is a turn key business. This Gourmet Pizza is one of the best pizzas in town and a very well known and respected name in the business. The Franchise fee is 5.5%, National Advertising Fund fee is 2.5%, and the Local Ad fund fee is 3.5%. This is a regionally known Seattle based Franchise with 4 weeks of intensive training at one of their local stores on all the aspects of owning and operating a Pizza business. Transfer fee is $3,000. Training fee is $5,000. Steal. This business is priced way below market for a quick sale.
Property information
- Real Estate:
- Lease
- Lease terms:
- This Gourmet Pizza business was opened in 2006 and all of the equipment and fixtures are still just like new. It is located in the booming area of Puyallup where the demographics of this densely populated area make this location a sure success. The business occupies 1400 sq feet and has seating for 6. The monthly base rent is $2855 plus monthly NNN charges of $823. The Lease runs till 3/31/2016.
- Location:
- This business is strategically located in the Meridian district of Puyallup nestled among many businesses and the booming residential growth area, with a perfect demographic mix of businesses and residential neighborhoods.
Other information
- Expansion potential:
- The current owner is basically absentee; he works less than 15 hours per week. The upside for an experienced owner operator is unlimited. The demographics of the area insure almost instant success. This is a turn key business. This Gourmet Pizza is one of the best pizzas in town and a very well known and respected name in the business.
- Competition / Market:
- This business is strategically located in the Meridian district of Puyallup nestled among many businesses and the booming residential growth area, with a perfect demographic mix of businesses and residential neighborhoods. There is great access and lots of parking. The business has been built up by the Seller and has a great reputation and a loyal following.
- Support & training:
- This is a regionally known Seattle based Franchise with 4 weeks of intensive training at one of their local stores on all the aspects of owning and operating a Pizza business. The Seller will provide and additional week of training after closing on the day to day operation of the business.
- Reasons for selling:
- The Seller has another Garlic Jim’s Franchise in a totally different area and is unable to commute and manage the two stores
- Trading hours:
- 11 AM - 11 PM (Mon - Sun)
- Financing available:
- Cash or Bank Financing
- Furniture / Fixtures value:
- $70,000
- Inventory / Stock value:
- $5,600