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Listed by:

Armen Nazarian Business Brokers

Franchise Pizzeria And Grill For Sale

Saginaw County, Michigan, US
Asking Price:
$499,000
Sales Revenue:
$1,500,000
Cash Flow:
Not applicable

This is a great opportunity to own a worldwide brand, Franchise Pizzeria & Grill in Saginaw County. Established in 2015, this pizzeria is located on a highly traveled road with plenty of residential, commercial properties in the surrounding areas. All equipment is in excellent condition and serviced/maintained regularly! Build-out cost was in excess of $1.4M! Menu consists of: Chicago Deep Dish Pizza, Detroit Style Pizza, Steak, Chicken, Seafood, Pasta, Burgers, Sandwiches, Salads, Appetizers, Dessert and more. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding catering, corporate & school accounts, cater to surrounding hotels, joining the Chamber of Commerce and community involvement, you have HUGE potential to the already steady gross sales. New owner can keep the existing franchise or breakaway and bring your own concept. A must see/must have business that will not disappoint! Turn-key operation only needing a new owner/operator. Seller will entertain all reasonable offers!!
Royalty Fee: 5%
Advertising Fee: 3%
Training: 6-10 weeks

Property Information

Real Estate:

Lease

Premises Details:

All equipment is in excellent condition and serviced/maintained regularly! Build-out cost was in excess of $1.4M! Menu consists of: Chicago Deep Dish Pizza, Detroit Style Pizza, Steak, Chicken, Seafood, Pasta, Burgers, Sandwiches, Salads, Appetizers, Dessert and more.

Size in square feet:
12,915

Business Operation

Expansion Potential:

Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding catering, corporate & school accounts, cater to surrounding hotels, joining the Chamber of Commerce and community involvement, you have HUGE potential to the already steady gross sales.

Reasons for selling:

Absentee Owner/Other Business Interest

Employees:
20 FT / 15 PT
Years established:
11

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

seller will train

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

$499,000 with $150,000 down. 8% int., amortized over 120 months

Inventory / Stock value:
$50,000