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Asking Price$189,000
RevenueUndisclosed EstablishedUndisclosed
Cash FlowUndisclosed Employees5 full, 13 part
FF&E$75,000* FranchiseYes
Inventory$15,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Incredible opportunity to buy a recently renovated, fully staffed Franchise Pizza Pub for a fraction of the cost of opening a new one. Due to personal circumstances, the owner of this Pub must relocate out of state and must sell this restaurant ASAP. This business has been in the same location for almost 20 years and fell into disrepair and eventually closed. The current owner purchased it and put almost $300,000 into refurbishing it. New floors, new blinds, new decor, great used equipment, etc. etc. The restaurant is fully staffed with cooks, servers, bartender, etc. The ideal buyer would be someone who can step in and take over the General Manager role. The business has only been re-opened for 2 months and did over $55,000 in sales in February and $69,000 in sales in March. Terrific location on a major North/South artery in the East Valley. The lease also includes a huge outdoor area that could easily be converted into patio seating and is already authorized by the landlord for that purpose. Brand new lease goes for 10 years with 2- 5 year options. If you have ever wanted to own your own Pub and Restaurant, it doesn't get any better than this. Seller is willing to finance for a qualified and experienced buyer with at least $125,000 down payment. Terrific Franchisor has low royalties and has developed fantastic loyalty and marketing programs to support their franchisees. Serious buyers only please. No time for SBA or Bank Financing as the seller needs to close a deal within 30 days. Looking for cash buyer that can close quickly. All inquiring parties will be required to complete a confidentiality agreement before receiving more information.
Training/Support:2 weeks
Sale Reason:Relocating out of state
Ad #126905
Seller Reference #11230
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