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Pizza Franchise Drops Price to $60K - $46K Below Asset Value - Houston for sale in Houston area, TX

Houston area, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 60,000 $ 252,138 $ 7,262

Furniture and Fixtures Value:
$ 25,000 (included in the asking price)

Inventory Value:
$ 5,000 (included in the asking price)

Business Summary:
This pizza franchise was originally started in 1975 and has expanded to over 70 stores in TX, LA, NC and WY . Known for their delicious crust - hand stretched pizza dough made fresh in the store daily from flour containing 100% spring wheat - customers rave over their pizzas. Salads, Chicken Fingers, Wings, Pasta and their new bestselling Nacho Stix rounds out their menu. This is a great opportunity for an entrepreneur to snatch up this franchise location on one of the busiest streets on the NW side of town. Over 45,000 cars go by this location daily. The master franchisor has already built out and started up this business for you and just needs a new owner to take it to the next level. Currently around 30% of the business is carryout, 70% is delivery. Seller is a local ISD approved vendor and is able to conduct a “Pizza night” with 3 local elementary schools to provide 10% of his sales back to the school as a fundraiser. Kids go home wearing a sticker that say to order pizza tonight from this business! Relationships established with 3 local churches and a large corporation that bring in recurring revenue each month. Online ordering capabilities are a great advantage here! Royalties are 4.7% and are included in pizza box purchases and therefore COGS. Seller will train buyer after closing. Transfer fee is $2,200. Please refer to CBB Listing #7491MB

 

   
Year Business was Established: 2010
   
Number of Employees: 12Pt  
   
Facilities / Terms of Lease: 1050SF facility in strip center  
   
Potential Growth/Expansion: Go after more commercial business/schools/churches. Focus on increasing lunch business.  
   
Owner willing to train: Seller will train.  
   
Reason for selling: Master Franchisor wanting to open additional locations.  
   
Seller Reference Number: 7491MB
BusinessMart.com Listing Number: 115828
 

 

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713-680-1200

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