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Business For Sale
2 PIZZA FRANCHISES MAKE OFFER LIVINGSTON CTY, MI
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Owners need time to focus on raising families |
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Year Established:
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2000 |
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# of Employees:
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6-10 full time / part time |
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Yearly Revenues:
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$467,656 |
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Yearly Cash Flow:
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$57,790 |
Business for Sale Overview:
Any reasonable offer will be considered for both Pizza Franchises. Owners are motivated and willing to partially finance for a qualified buyer. Two profitable businesses are up and running, the set up and hard work is done! Two franchised pizzeria restaurants available on very busily traveled road fronts with great parking. Both restaurants offer pick-up, delivery, and catering. Restaurants offer catering for groups, business, weddings, graduations, holiday parties and as needed. This has been successful in both locations. Great customer base of mixture of local residents and businesses. You will not be able to find a better deal on the market than these two businesses! Provides instant cash flow of $57,790 if run as is and up to $147,000 if owner operated (based on 2007 P&L's) which is enough to pay the loan and live on!
Property Features and Assets:
Facilities: Reasonable lease terms in highly sought out areas in Livingston County, two separate cities, close enough in proximity to manage both easily. NNN lease at both locations. Retail sites are 1,100 and 1,200 square feet with plenty of parking. Both restaurants have great road frontage and signage visibility.
Market Competition and Expansion:
Competition: There are major competitors of every Pizza franchise as well a few mom and pop pizzeria s in one city. The other restaurant has limited competition. The "Branding" of this franchiser is what sets them apart from the rest!
Growth and Expansion: Broker suggests implementing on-line ordering capacity as well as refreshing signage. Owners strongly suggest that becoming involved in local communities and a continuous advertising campaign would be of extreme benefit to both locations. An exceptional value for these profitable restaurants in prime real estate locations, existing repeat loyal customers and the database.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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