Franchise Pizza Low Monthly Lease

Business Overview:

Franchise Pizza Place, for the last 3 years in a row, has done over a half million in sales. All this with an absentee owner. This pizza franchise is growing in leaps and bounds, with about 50 locations established in over 5 states. With this franchise, you can be sure of in-depth training and ongoing support to keep you in the dough $$$. Just offers delivery and Grab N Go, NO dine in to deal with, it’s all streamlined to make pizzas and make money. If you already know your way around a pizza (business), you can even forgo the franchise and buy this pizza pie business as NOT part of the franchise and do your own thing. This pizza concept and menu literally is very simple for investors, owners, and employees to learn and transition into and pizza still has very good profit margins. This type of business also lends itself well to absentee ownership. But if you could and would be an owner-operator, the sales here could conceivably jump up to over $700,000 annually, maybe more. Even with the annual sales as they are, it is still more than many fancy restaurants.

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Property Features and Assets:

The monthly lease with Triple Net is $2777. The lease expires in December 2024, but has an option to renew. The pizza place is 1200 square feet and has a huge walk-in cooler. There is plenty of parking, and the signage and visibility are very good. This pizza place sits center stage in this shopping plaza. It is operated by 2 FT and 6 PT employees.

Market Competition and Expansion:

The current owner has made over half a million in sales in each of the last 3 years as an absentee owner. So, with an owner-operator, the sales here could conceivably jump up to over $700,000 annually, maybe more. This pizza place is a fairly big-name franchise. This franchise offers good incentives for the military or former military to become a franchisee. But new owners can also purchase this as not part of the franchise. Little to no competition in town.

Reason for Selling:

Additional Details:

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