Business Summary:
This Gourmet Pizza business was opened in 2005 and all of the equipment and fixtures are still just like new. It is located in the Rose Hill district of Kirkland nestled among many businesses and the booming residential growth area, with a perfect demographic mix of businesses and residential neighborhoods. There is great access and lots of parking. The current owner is the Franchisor and this has been one of their flagship stores. The revolutionary concept of Gourmet pizza and "fast delivery" combined with unexcelled service has made this one of the fast growing Franchises in the business. This is a turn key business. This Gourmet Pizza is one of the best pizzas in town and a very well known and respected name in the business. The Franchise fee is 5.5%, National Advertising Fund fee is 2.5%, and the Local Ad fund fee is 3.5%. This is a regionally known Seattle based Franchise with 4 weeks of intensive training at one of their local stores on all the aspects of owning and operating a Pizza business. Transfer fee is $3,000. Training fee is $5,000. Steal. This business is priced way below market for a quick sale.
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| Year
Business was Established: 2005 |
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| Number of Employees:
2 FT / 13 PT |
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| Facilities / Terms of Lease:
This Gourmet Pizza business was opened in 2005 and all of the equipment and fixtures are still just like new. It is located in the Rose Hill district of Kirkland where the demographics of this densely populated area make this location a sure success. The business occupies 1506 sq feet. The monthly base rent is $2973 plus monthly NNN charges of $931. The Lease runs till 2/28/2015 with a 5 year options to extend the Lease being negotiated by the Franchisor. |
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| Potential
Growth/Expansion:
The current owner is the Franchisor and this has been one of their flagship stores. The upside for an experienced owner operator is unlimited. The demographics of the area insure almost instant success. This is a turn key business. This Gourmet Pizza is one of the best pizzas in town and a very well known and respected name in the business. |
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| Competition:
This business is strategically located in the Rose Hill district of Kirkland nestled among many businesses and the booming residential growth area, with a perfect demographic mix of businesses and residential neighborhoods. There is great access and lots of parking. The business has been built up by the Franchisor and has a great reputation and a loyal following. |
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| Owner
willing to finance:
Cash or Bank Financing |
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| Owner
willing to train:
This is a regionally known Seattle based Franchise with 4 weeks of intensive training at one of their local stores on all the aspects of owning and operating a Pizza business. |
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| Reason for selling:
The Franchisor is divesting itself of all its Corporate owned stores. |
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Seller Reference Number: hfngGJKirk
BusinessMart.com Listing Number: 37675 |
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