- Property ID: 1235
- Date added: 01/10/22
- Broker: Thomas D. Poyser 317-513-2898
- Asking Price: $ 100,000.00
- Revenue: $ 703,000.00
- Cash Flow: $ 1,000.00
Description
One Franchise, Full-Service Craft Pizza & Sandwich Restaurant and Pub – N Central Indiana
Motivated Seller – Must Sell Immediately
Asking Price: $100,000 / OBO Revenue: $704,000 FF&E: $1,300,000 Rent: $10,700 per month (includes COM and taxes)
One franchise full-service craft pizza and hot sandwich restaurant are located near town of major university. The franchisor has several company-owned restaurants in Central Indiana. All restaurants have the same menu and use the same ingredients and processes defined by the franchisor. Owner completed the build out of the restaurant location at a cost of over $625K. This is a one-of-a-kind opportunity to be your own boss and operate this well-know pizza brand. The pizza restaurant has had revenues of over $1,000,000 in the recent past.
Employees: FT: 20
Facilities: Full Service food prep, sit-down dining facilities, 7,500 Sq. Ft. each. Build out completed at $650K by owner.
Facilities: Restaurant is located in a strip mall on major highways next to the town of a major university.
Competition: This franchise maintains the highest standards of ingredient quality and food preparation processes
Growth & Expansion: Current owner does not have the time to be an onsite owner/operator due to his responsibilities to manage other franchise locations of a major national franchise
Support & Training: Training performed by franchisor at other locations prior to the closing
Reason for Selling: So the seller can focus on his main business of operating over 32 franchised fast food restaurants
Franchise: This business is an established franchise