Selling Restaurants presents this large family style franchise pizzeria in Oak Harbor off a busy highway and near the busy Whidbey Island Naval Air Station with up to 50% seller financing for qualified buyers. This franchise focuses on small towns and has one of the best pizzas in the franchise world - we're not kidding! There are over 140 locations mainly on the west coast of the U.S. This store has operated for 6 years and has an established local customer base. This is a hometown style pizza franchise which is the favorite place to socialize after the kids soccer or baseball game. It can host large parties or you can have a calzone or slice of a tasty pizza by yourself or with a friend while you take in the beautiful sites all around. Located off the main highway it has not only great access but cannot be missed unless you're not hungry. The opportunity and location are great for someone who enjoys living life with a view and down home appeal.
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This is an Add Value Alliance Inc. listing.
This is a Larry Braden listing.
Broker Larry Braden DRE License #Wash - 8619 Cal. 01492583 Cal. R.E. DRE # 01492583
Lease
Region:
Bellingham Restaurants For Sale
Lease Term:
expires Feb. 1. 2011 + options negotiable
Total Monthly Rent:
$3,500
Financials
Last Year's Annual Gross:
$381,354
Last Year's Owner's Cash Flow:
$56,635
Last Year's Food Cost %:
30.4
Last Year's Payroll Cost %:
14.7
Operations
# of Part-Time Employees:
6
Highlights
- Profitable pizza franchise and pub on Whidbey Island!
- Great location near heavy tourist highway bridge overlook
- Favorite local sports bar with multiple TVs
- Group meeting place for locals sporting events
- Family Friendly with fun for all ages
- Great stop for tourists driving by, a cant miss!
- Has a liquor license and multiple taps
- Large arcade with plenty of room and extra cash flow
- Indoor and outdoor patio seating
- Near Military Base.
- Parking is plentyful
- Seller Financing Available.
Financing
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
50%
Demographics
Population |
1-mi. |
5-mi |
2014 Total Population |
39,982 |
39,982 |
Households |
1-mi. |
5-mi |
2010 Number Of Households |
15,071 |
15,072 |
2010 Persons Per Household |
2.50 |
2.50 |
Median House Value |
$243,400 |
$243,384 |
Income Per Household |
$53,556 |
$53,552 |
Businesses |
1-mi. |
5-mi |
2009 Number Of Businesses |
636 |
666 |
2012 Number Of Employees |
10,262 |
10,968 |
2012 Total Annual Payroll |
$152,257,000 |
$171,313,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that Larry Braden CA License #01492583 and WA License #18058 ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.