FORT WORTH GOURMET PIZZA CAFE, PROFITABLE
Seller:
Attn:
Jeff Adam, PE, MCBC, FRC, CBB
Location:
Fort Worth, TX, USA
Listing Number:
"18415 FW Gourmet Piz"
Overview of the Business:
Fort Worth Fire-roasted gourmet pizza café in Fort Worth, Texas. This location opened January 2006 and has attracted a loyal following. The franchise was established in 2001 and has over 70 locations. The estimated cost for a new, unproven location is $175,000-500,000. The concept combines century old Italian traditions with new world technologies to create the world’s finest, fresh fire-roasted gourmet pizza. The oven sears pizza at 1000 F in just 3 minutes resulting in a delicate, golden crust with a delicious thin crisp center. Desserts are homemade gelatos – all natural ice cream with no trans fats. This location is licensed for beer and wine. 2008 Net Sales are $390,000 with an owner/operator cash flow of $62,000+. Seller reports that Food/beverage is 90%/10% with cash/credit cards split 35%/65%. The asking price for the assets of the business is $250,000 including inventory at cost of $5,000, all FFE (Furniture, Fixtures & Equipment) valued at $150,000 and franchise rights. $75k down payment and assume bank note and seller-financing for a qualified buyer.
Support/Training: Franchiser provides 2 weeks comprehensive training (1 week classroom and 1 week hands-on) on a quarterly calendar. The seller will train a buyer for 2 weeks included in the purchase price. The Master Developer also provides 150 hours of training on-site.
Price $225,000: $75,000 down payment and assume bank note plus seller-financing for a qualified buyer.
Property Features and Assets:
The 1,648 Square Feet high visibility space is located in a busy shopping center along a busy road. This high visibility space is leased for a monthly rent of $5,800.75 including NNN. The lease expires approximately July 2015 with two 5-year options.
Market Competition and Expansion:
This is a strong location with excellent potential. A new owner can continue to grow the business and profits in several ways: Implement business catering Promote delivery to local schools and churches Continued hands-on ownership Print and distribute menus to businesses & residences Direct mail surrounding neighborhoods using mail list Local advertising and marketing.
Additional Details:
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