Established Pizza & Sub Franchise In Two Locations For Sale

Business description

REVENUE UP 5% IN 2011! CASH FLOW UP 12% This established thriving pizza and sub franchise is known for its niche product and fresh ingredients. It is a popular franchise concept, with a successful franchisor. This business operates two bordering franchise locations and has been open several years. Their menu includes pizza, subs, salads, sandwiches and related products.

The seller is offering these locations as a complete package acquisition. They are not available individually. In addition, the owner is willing to partner with another nearby franchisee to offer a package deal on these two and another Northern Indiana territory. This is an excellent opportunity for a hands on owner operator looking to partner with one of the largest pizza franchises in the nation.

Inventory is not included in the asking price. The Seller will consider financing a portion of the sale with a substantial downpayment.

These facilities are both leased. Location 1 has approximately 1,280 square feet with rent at $1,264 including CAM charges. The lease expires in 2015. There is one option to renew. Location 2 has approximately 1,400 square feet with rent at $1,707 including CAM charges. The lease expires in 2015. There are no options to renew, but Landlord is very negotiable.

Current owner has other business interests and recognizes that he cannot devote enough of his time to the growth of this store. Seller owns another location of this franchise in Michigan and will continue to operate that location.

Property information

Real Estate:

Lease

Premises details:

1,280 & 1,400 sq ft, $2971.00

Other information

Reasons for selling:

Other Business Interests

Trading hours:

Days: Monday-Sunday, Hours: Mon-Thurs 4-11; Fri-Sat 11-11; Sun 11-10

Financing available:

Downpayment Required: NEGOTIABLE
Financing is Available