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Profitable Pizza Franchise For Sale in Sierras Outside Reno

$80,000
Profitable Pizza Franchise For Sale in Sierras Outside Reno
This Listing is Expired

Located not too far from Reno, in the pristine area of Plumas county California where some of the best fishing and hunting in the state is found, this franchise pizza business has been a icon in the town for decades and will continue to be so as long as the product and service continues to be one of the best in the area.

And you can't beat the rent either at only $1,500 a month giving this franchise an amazing rent factor of about 4.5%! It doesn't get any better than that!  Landlord will do a new lease for buyer with similar terms. 

But let's face it, it is all about the numbers, right. Well here are some great numbers the owner supplied us: 2012 Revenue $390,800!  And it gets better in 2013 with revenue of nearly $400,000!  How can one not make money at those revenue levels and rent levels! Franchise fees are low too!

But the important number is what you put in your pocket and in 2011 & 2012  was nearly $80,000 according to the owners financial statements. 

We can get an SBA loan for this business with 20% down as long as you have good credit and a bit of experience too. So let me recap, you buy an income stream of $80,000 for $30,000 down plus closing costs and your annual principal and interest costs are about $16,000...you can't beat that! There is also room to grow the business instantly by placing a sign on the main freeway 1 block away from the restaurant to drive even more traffic to this local favorite!

A Paramount Restaurant Brokers, inc. Listing

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Reno Restaurants For Sale
Quincy Restaurants For Sale
Lake Tahoe Restaurants For Sale
Lease Term:
New Lease
Total Monthly Rent:
$1,500

Financials

Last Year's Annual Gross:
$390,800
Last Year's Owner's Cash Flow:
$83,000
Last Year's Rent %:
4.5

Operations

Liquor License:
41
# of Part-Time Employees:
3
# of Family Employees:
2
Hours Open:
11-9 Monday - Saturday
12-8 Sunday
Year Established:
1980
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
Inside Sq. Ft.:
3,000

Highlights

  • Easy to Operate Pizza Franchise
  • Great Training Program
  • Low, Low lease
  • Hunter
  • Fisherman
  • Established Business
  • Local Favorite
  • Resort Town
  • Destination

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
50%

Demographics

Population 3-mi. 5-mi
2014 Total Population 2,840 3,060
Households 3-mi. 5-mi
2010 Number Of Households 1,651 1,754
2010 Persons Per Household 2.34 2.35
Median House Value $182,500 $184,943
Income Per Household $40,313 $40,822
Businesses 3-mi. 5-mi
2009 Number Of Businesses 90 96
2012 Number Of Employees 1,380 1,380
2012 Total Annual Payroll $28,506,000 $28,506,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.


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