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This a profitable absentee Pizza restaurant
If you are looking for a pizza restaurant location with huge visibility and some of the busiest vehicle traffic in this city, here it is and at a Bargain Priced. This Restaurant is in Phoenix in a super busy shopping center.
This restaurant has been a staple in the area for 10 years! Established in their current location in 2007.
Restaurant has easy in and out access and most of their business, is take-out and eat-in. With easy low labor type orders. Delivery can dramatically add to sales and profit. This owner is NOT pushing delivery sale so new owner can increase sale.
Gross sales for 2017 were $573,102.47dollar. A good owner operator should be able to net 100k+ once proper systems are in place to achieve industry standards. Are you an operator with experience and a plan for success? This could be the opportunity you're looking for.
The space is 2,304 sq. ft. Operations are simple and the space is extremely manageable. Cost of occupancy is very low base on total sale volume. This would be perfect for a family or a Chef operator. And at an asking price of $195,000 built-out, fully equipped, full bar, and profit makes this a great deal
Rent is $4,283 total within the number base on the $573k gross sales.
Gross sales have been increasing to over 573k in the last three years as well.
Currently this is a franchised location and seller has paid over 25k in franchise fee's last year.
Kitchen is fully equipped for high volume pizza operations oven cooks 36 pizza at a time, Hobart, large walk in cooler along with a convenient reach in cooler, refrigerated prep tables and everything else you need for a high-volume pizza restaurant.
Multiple station POS system is in place along with a security system allowing a very close eye to be kept on operations when you are not in the restaurant.
The restaurant is 2300sq. feet with rent of $4,300 Total rent or approximately 8% of yearly sales, right where you want to be to allow for cash flow.
Go to SellingRestaurants.com to get more information!
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 70,153 | 119,432 | 276,663 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 25,991 | 46,587 | 107,972 |
2010 Persons Per Household | 2.49 | 2.38 | 2.37 |
Median House Value | $156,100 | $165,296 | $215,816 |
Income Per Household | $48,461 | $47,199 | $61,795 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 1,548 | 2,304 | 7,205 |
2012 Number Of Employees | 34,598 | 48,204 | 164,786 |
2012 Total Annual Payroll | $495,918,000 | $699,805,000 | $3,280,166,000 |
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