Business Summary:
This Gourmet Pizza business was opened in 2005 and all of the equipment and fixtures are still just like new. This business is strategically located in the heart of the West Seattle Junction nestled among many businesses and the booming residential growth area, with a perfect demographic mix of businesses and residential neighborhoods. There is no other gourmet pizza take out or delivery in the same area; therefore, there is no direct competition. Plus the business has seating for over 30 customers with table side service for ordering (the only location in the Franchise that does this). The business has been built up to over $624,000 in gross sales per year (this makes it a major pizza business) and has a great reputation and a loyal following. The current owner is absentee; and must sell this business to increasing demands in other areas. The upside for an experienced owner operator is unlimited. The demographics of the area insure almost instant success. This is a turn key business. The revolutionary concept of Gourmet pizza and "fast delivery" combined with unexcelled service has made this one of the fastest 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 community. 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:
11 FT / 11PT |
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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 heart of the West Seattle Junction where the demographics of this densely populated area make this location a sure success. The business occupies 2200 sq feet and has seating for over 30. There are 4 TV’s. The monthly base rent is $4,400 plus monthly NNN charges of $1600. The Lease runs till 8/31/2016 and has two 5 year options to extend the Lease. |
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| Potential
Growth/Expansion:
The current owner is absentee; and must sell this business due to increasing demands in other areas. 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 is the only sit down and service location in the Franchise. The business does an outstanding delivery business which could easily be increased. This Gourmet Pizza is one of the best pizzas in town and a very well known and respected name in the business community. |
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| Competition:
This business is strategically located right in the heart of the West Seattle Junction nestled among many businesses and the booming residential growth area, with a perfect demographic mix of businesses and residential neighborhoods. There is no other gourmet pizza take out or delivery in the same area; therefore, there is no direct competition. Plus the business has seating for over 30 customers with table side service for ordering. The business has been built up to over $624,000 in gross sales per year (this makes it a major pizza business) and has a great reputation and a loyal following. |
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| Owner
willing to finance:
Cash or Bank Financing or Seller terms with $80K down, 3 year term with a one year cashout, at 6% |
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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. The Seller will provide and additional week of training after closing on the da |
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| Reason for selling:
Seller is absentee and has other business interests |
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Seller Reference Number: hfngWSJims
BusinessMart.com Listing Number: 51298 |
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on this business
please fill out the form shown right 
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