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Prime Pizza & Italian Food Franchise for sale in Port Townsend, WA

Port Townsend, Washington (WA)

Asking Price: Gross: Cash Flow:
$ 100,000 $ 513,000 $ 94,000

Furniture and Fixtures Value:
$ 60,000 (included in the asking price)

Inventory Value:
$ 5,000 (not included in the asking price)

Business Summary:
This attractive, top tier franchise restaurant has prospered for over two decades, is located in a growing historic community, enjoys robust tourism, and has been well prepared for a new owner. Fresh ingredients, hand-tossed pizza, a varied menu, plus beer & wine served. A $13,000 franchise transfer fee and $5,000 training cost are not included in the price. Inventory: Consists of non-perishable food and supplies. It is not included in the sales price and will be handled outside escrow. The amount is estimated. Buyer will make payment based on actual amount on hand as of the closing date. Furniture, Fixtures, & Equipment (FF&E): New point of sale and phone systems. All equipment, furniture and fixtures are in great condition. No additional investment is necessary.

 

   
Year Business was Established: 1993
   
Number of Employees: 14, all part-time  
   
Facilities / Terms of Lease: 2,500 square feet of leased space situated in a prime downtown location. The restaurant has been refreshed and is ready to go. The restaurant seats 60 in the dining room and up to 30 in the party room. Limited outdoor dining. Fresh paint and décor as well as new outdoor signage.  
   
Potential Growth/Expansion: The area enjoys a growing population, is a very popular tourist destination, is a gateway to other tourist and recreation locations, and is a connection point to other San Juan islands.  
   
Competition: The restaurant’s longevity and prosperity attest to the strength of this franchise location. Competition is modest.  
   
Owner willing to finance: No Seller financing  
   
Owner willing to train: Excellent franchisor support. Training per Franchise Agreement.  
   
Reason for selling: Franchisor owned.  
   
Seller Reference Number: SEA136
BusinessMart.com Listing Number: 234782
 

 

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For more info contact:

Michael Floorman

BTI Group
4082461102

CONTACT SELLER

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