Status: Sold
*UNDER CONTRACT*Franchise Pizza Restaurant in Ft. Myers - Listing #: NAPFL001-N22

Franchise Pizza Restaurant priced for a quick sale

 Financial Information

  • Asking Price: $30,000  
  • Gross Revenue: $261,164
  • Cash Flow: $22,118
  • Down Payment: $30,000
  • FF&E (Included): $35,000
  • Inventory: $2,000
  • Financing: No
 

 Business Location

  • Lee
  • Confidential
  • Florida
 

Primary Business Category: Limited-Service Restaurants 

*Price reduced for quick close* This Franchised Pizza Restaurant has a cult-like following with 5 Star reviews on Tripadvisor, Yelp and Google. This chain is well known with many locations in the midwest along with the four locations in Florida. The owner passed away and the estate wants to liquidate this asset quickly. Current ownership purchased the business in November of 2017 and there is a franchise-trained and experienced manager in place.

Competition Description

This style of pizza is worshipped in parts of the midwest where it was originally developed. Customers come from as far as Sarasota to try it. It is currently the only franchise for this brand on the west coast of Florida.

Growth / Expansion overview

This pizza restaurant is surrounded by 4 very large master-planned communities that are just getting started with their sales. Demand should continue to rise in this area for many years to come.

Support / Training Comments

There is a well trained manager who has had experience under the original franchise owner and also the current owner. Franchisor will also provide training.

Reason For Sale

Death of Owner

  • Home Based: No
    •  
  • Year Established: 2014
  • Franchise: Yes
    •  
  • Year Acquired: 2017
  • Willing to Train: Yes
    •  
  • Relocatable: No
  • Is Property Leased: Yes
    •  
  • Real Estate Available: No
  • Real Estate Included: No
    •  
  • Real Estate Value: N/A
  • Real Estate Asking: N/A
  • Days Open: Open 7 Days
  • Hours Open: 11am-9pm
  • Fulltime Employees: 2
  • Part time Employees: 3
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $5,078
  • Building Size: 1440 sq ft
  • Seats: 40
  • Parking: 11
  • Monthly Rent: $2,337
  • Additional Terms: $5000 fee for Buyer Approval from Franchise
  • Lease Expires: 04/01/2019