Business Summary:
Multi Unit Franchisee Pizza Business with revenue streams from seven existing locations. The business owns and operates four profitable locations which have annuals sales revenue in excess of $2.3m. In addition the business has Area Developer Rights for the franchise in East Tennnessee. As the Area Developer the business has sold 3 franchises in the terriory and realizes ongoing monthly royalty residual income based upon the sales volume of each location. With the existing seven stores open in the terriory the monthly royalty income exceeds $7,500 per month! There is plenty of opportunity to increase the number of locations within the East Tennessee Territory. Call for details now on this successfull business that enjoys multiple cash streams while still having plenty of remaining potential left for the new owner.
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| Year
Business was Established: 2005 |
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| Facilities / Terms of Lease:
This business is a multi unit franchisee. It has four restaurants that are in leased bulldings in great locations. The restaurants are fully equipped and offer their products thru delivery, takeout and dine-in. |
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| Potential
Growth/Expansion:
There are multiple ways to grow this business. The business can be grown thru the new owner opening additional locations as an owner operator. Additionally as the Franchise Area Developer the new owner can sell franchises in the East Tennessee Territory and realize an onging royalty residual stream generated from the franchised stores in the territory. |
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| Competition:
This franchise has a strong presence in the local area and has a great reputation for the quality and freshness of its products. In addition to its signature Pizzas the menu includes hoagies, pasta, salads, chicken wings and appetizers. The business is a franchisee that is part of a well estblished franchise which has 76 locations operating in seven states.. |
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| Owner
willing to finance:
Seller will finance $600k with $800k Cash Down at Close |
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| Owner
willing to train:
In addition to the support provided by the Franchisor the seller will provide 4 weeks of support and training. |
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| Reason for selling:
Other Business Interests |
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Seller Reference Number: BM1010
BusinessMart.com Listing Number: 107852 |
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