- Property ID: 1181
- Date added: 03/16/21
- Broker: Thomas Poyser (317) 513-2898
- Asking Price: $ 600,000.00
- Revenue: $ 2,138,601.00
- Cash Flow: $ 22,934.00
Description
2 Full-Service Craft Pizza & Sandwich Franchise Restaurants, Indiana
This is a one-of-a-kind opportunity to be your own boss and operate two stores of this well-know pizza restaurant franchise.
Location: College towns in North Central Indiana
Asking Price: $600,000
Revenue: $2,138,601
Cash Flow: $22,934
FF&E: $1,300,000
Rent: $7,800 per Month
Established: 2018
Business Description
Two franchise full-service craft pizza and hot sandwich restaurants are located in college towns. The franchisor has several company-owned restaurants in Central Indiana. All franchise restaurant locations have the same menu and use the same ingredients and processes defined by the franchisor.
Owner completed the build out of each restaurant location at a cost of over $625K per location.
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Detailed Information
- Real Estate: Leased locations
- Building SF: 7,500 Sq. Ft.
- Lease Expiration: 1/31/2029
- Employees: 20
- Furniture, Fixtures, & Equipment (FF&E): Included in asking price
- Facilities: Both restaurants are located in strip malls on major highways in college towns.
- 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: 30 days within the purchase price with training performed by district manager and restaurant managers
- Reason for Selling: Seller to focus on his main business of operating over 25 franchised fast food restaurants
- Franchise: This business is an established franchise