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#4054
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25 Year Old Pizza Franchise in Beautiful Resort Town

$55,000
25 Year Old Pizza Franchise in Beautiful Resort Town
This Listing is Expired

If you want a well established, long running Pizza Franchise in a beautiful resort community, look no further! This restaurant was established over 25 years ago and has been a stable of the community ever since. Even with a bad economy and other local restaurants shutting down, this restaurant has continued its profitability.

Very comfortable inside seating for 75 with fireplace, conference room, arcade games, beer and wine license, and a proven franchise make this business a home run! 

Plenty of room to grow by adding delivery during the summer, contracts with USFS and Cal Fire, and more adveritising will reap immediate benefits for the new owners. Current owners are ready to  way past their time to retire and want to sell NOW. 

There are financial statement available. 2012 Adjusted owner's Cash Flow is about $57,000 with plenty of room to improve the bottomline with food costs running about 34% where this broker has seen these franchises run food costs in the mid-to-upper 20's. 

OWNER MAY CARRY - Owner may carry up to 30% of the purchase price to a well qualified buyer. Seller's are ready to retire and are willing to look at ALL OFFERS!

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:
Redding Restaurants For Sale
Quincy Restaurants For Sale
Chico Restaurants For Sale
Lease Term:
Current Month to Month
Total Monthly Rent:
$2,350
Security Deposit:
$4,000

Financials

Last Year's Annual Gross:
$346,118
Last Year's Owner's Cash Flow:
$54,557

Operations

Liquor License:
41
# of Full-Time Employees:
4
# of Part-Time Employees:
7
# of Family Employees:
2
Hours Open:
11:00am-10:00pm everyday
Year Established:
1988
Hood System Type 1:
Yes

Facilities

Indoor Seating:
75
# of Parking Spots:
22
Inside Sq. Ft.:
2,880

Highlights

  • 25 Year Old Pizza Franchise in Lake Resort Community
  • A Family Restaurant for the Community
  • Lots of Room for Growth. No Delivery Currently
  • Beer and Wine License
  • Cozy and Comfortable Setting

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
30%

Demographics

Population 5-mi
2014 Total Population 867
Households 5-mi
2010 Number Of Households 1,078
2010 Persons Per Household 2.23
Median House Value $283,600
Income Per Household $43,750
Businesses 5-mi
2009 Number Of Businesses 104
2012 Number Of Employees 1,154
2012 Total Annual Payroll $22,064,000

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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