Acquire an operating Spartanburg pizzeria with an equipped kitchen and full drinks programme. Continue its established franchise concept or discuss introducing your own restaurant brand.
Established in 2018, the business reports annual revenue of $650,000 and seller’s discretionary earnings of $65,000. The asking price is $199,000.
Enquire to review the business, lease and franchise arrangements and explore how the fitted premises could support your plans.
- Asking Price:
- $199,000
- Sales Revenue:
- $650,000
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly rent is $6,000. The stated lease expiry is 3 September 2027.
- Leasehold Rent:
-
$72,000 per annum
- Location:
-
In the heart of Spartanburg, serving the local dining market.
- Premises Details:
-
Fitted pizzeria with kitchen equipment and drinks facilities.
- Size in square feet:
- 3,200 sq ft
Business Operation
- Employees:
- 12 employees: 4 full-time and 8 part-time.
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
An existing franchise resale. Introducing an alternative concept is also offered as an option, subject to the relevant agreements.
