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Listed by:

The Agency NW Real Estate

$150K Price Drop Million Dollar Pizza Franchise For Sale

Lakewood, Washington, US
Asking Price:
$599,000 Furniture / Fixtures included
Sales Revenue:
$1,379,666
Cash Flow:
$100K - $250K

Established for 28 years, Italian and PIZZA restaurant. That’sa lot of customer base built up for you, the new owner, to feed. Last year, this restaurant generated about $1.4 million in sales with a six-figure net income.

This is a franchise, so all the training, recipes, and ongoing support are included. So you do not have to be a trained gourmet chef to take over here and be deep in the dough ($$$). By the way, the sales here are more than most fancy restaurants. If you already know your way around Italian food and pizza, you can buy this profitable pizza place as NOT part of the franchise.

Other good value toppings for you to know about this restaurant are: The size is 3,123 square feet, with seating for 96. Has an open floor plan, which lends itself well to live entertainment, special events, kids, or adult sports team parties, or other venues. As a business owner, it’s always nice to have more money-making options available to you.

There is NOT much dine-in pizza competition close by. This restaurant is located in a shopping plaza on a very busy street. Plenty of free customer parking is available. There is NO type one hood system here as this restaurant concept does not require one.

Very close (just minutes) to the military bases, so lots of active military members and their families to cater to. And military men and women are very physically active and pretty much always ready to reorder. I recently sold another pizza place that is close to these military bases, and it was generating $300,000 a year just from the military bases. So there is solid, tangible revenue potential for a new owner to go after.

If you are a buyer looking for a winning business opportunity to invest in, then this is a must-see pizza business.

Property Information

Real Estate:

Lease

Lease Terms:

The monthly base lease is $5,886 with a Triple cost of $2,523. This lease expires in Oct 2026, but does have an option to extend.

Leasehold Rent:

$8,409 per annum

Living Accommodation:

N/A

Location:

Located on a high-traffic street in a shopping plaza. Close, just minutes to 2 major military bases. 28-year customer base built up.

Premises Details:

The size is 3,123 square feet with seating for 96. Open floor plan and a private office. Plenty of free parking in this shopping plaza’s shared parking lot. Clean, bright, and well-maintained restaurant. There is a big walk-in refrigerator, but NO Type 1 Hood system. All the equipment is owned, except the dishwasher; all equipment is in good working order and included in the sale price.

Size in square feet:
3,123 sq ft
Planning Consent:

N/A

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Because this is a franchise, there is already a money-making plan in place. With this simple restaurant concept, this spacious open floor plan, and this great high-traffic location. (just minutes to two major military bases) There is really tangible potential to add to this $1,400,000 in annual sales. You can also buy this restaurant as NOT part of the franchise. There are not many dine-in pizza competitions close by.

Competition / Market:

Little to NO other pizza dine-in competition close by.

Reasons for selling:

Seller wants to retire

Trading hours:

Monday through Saturday 11 AM to 9 PM
Sunday 12 PM to 9 PM

Employees:
6 FT and 12 PT 3rd party delivery
Years established:
28 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

See the franchise website once you sign a nondisclosure agreement

Other Information

Support & training:

This is a franchise so all the training and ongoing support will be provided. More training with the seller could be negotiated.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

With 60% cash down on a case-by-case basis

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$5,000