Pizza Parlour Franchise in Busy Location For Sale 12267

Location: Rhode Island, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $105,000
Cash flow: $44,844
Revenue: $260,000
Gross Income: Not Disclosed
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: Not Disclosed

Business Details

Pizza franchise situated on one of the busiest main roads in Kent County is for sale. This sale truly defines location, location, location. They are located in a busy shopping plaza, shared with a major anchor next door. Landlord on premises. Rent is a very reasonable $1583 per month. About $350 per month covers common area maintenance (trash removal, landscaping and plowing). In business since 2003 with an established client base of many residential customers, small businesses and schools within our delivery radius. Seating of up to 30 guests and a gorgeous 1500 sf storefront that could easily be modified to increase dine-in traffic and perhaps add entertainment. Recently renewed Class B Beer & wine liquor license on site. The store is currently profitable and can support all overhead including staff and a salary for an owner/operator. Store is averaging $5,000K per week in sales with current gross sales of $260,000 annually. In addition, pre-negotiated monthly school lunch contracts are already in place with local schools generating an additional $2000-$3000 per month in revenue.

General Information

Reason Selling: other business interests

Number of Employees: 8
Year Established: 2004