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FRANCHISE PIZZA RESTAURANT

Seller: Attn: Tim Carter
Location: Montcalm, MI, USA
Listing Number: "TC-100809"


Asking Price: $169,900 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Retirement
Year Established: 2004
Number of Employees: 8
Yearly Revenue: $420,000
Yearly Cash Flow: $60,000
Yearly EBITDA: $NA
Yearly Net Profit: $25,000
Yearly Gross Income: $NA

Overview of the Business:

As a member of an established, successful, respected and well known regional franchisor, this pizza business has quickly become the neighborhood favorite. The restaurant, which is located in a community 45 minutes from both Grand Rapids and Lansing, does about 40% delivery and 60% dine in and carryout. The store features a lovely dining room that does a very brisk lunch business everyday. Unlike the majority of pizza stores, dining in is an attractive option to their patrons. Their customers can “eat out” without the inflated prices of a full service restaurant and the expense of tipping a wait staff. The mostly absentee owners, who are not at the store in the evenings, feel a more “hands on” operator could significantly increase dine in traffic in the evenings. Revenues for this business have been $400,000 and $420,000 the past two years respectively and 2009 revenues are on pace to exceed 2008. Cash flow to the owner is approximately $50,000. The attractive $169,900 price tag includes all assets, inventory, the franchise transfer fee and a week of franchisor provided training.


Additional Details:


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