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Asking Price$20,000
Revenue$420,000 Established1996
Cash FlowUndisclosed Employees1 full, 4 part
FF&E$20,000* FranchiseYes
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Great Opportunity for a restaurateur or someone with little restaurant experience to own an Established Pizza & Subs Franchise in the very wealthy and populated area of Potomac MD. This restaurant has been in business for nearly 20 years and has performed pretty consistently! The Franchise itself has over 50 locations throughout VA, DC & MD, is very supportive and has been famous for 'The World's Best Cheesesteaks' and NY Style Pizza since 1954. The franchise has recently introduced "Delivery" to their already successful business model, which has helped numerous franchisees dramatically increase their revenue and earnings! The owner currently works about 10 hours per week as they own another location in a Northern VA Mall Food Court and have a full time job so the restaurant currently has a full time manager which a new full time owner operator could replace allowing reduced payroll and increased profitability. The owner is motivated to sell due to his full time job and other location and has priced the business to sell! This restaurant is 100% turnkey and ready for a new operator to continue its success and likely won’t last long at this price so act quickly!
Facilities:The restaurant is located in one of Montgomery County’s oldest, most established indoor shopping malls in a space that is approx. 1917 sq ft. The store was recently updated with flat screen menus and new décor, which makes for a nice modern relaxing atmosphere.
Competition:Standard for the industry, location of business, and place in the market.
Growth Potential:A new owner can expect tremendous growth as the community continues to grow. This is really a great money making location with cheap rent which will allow the highest profitability! New owner will want to do additional marketing and advertising as well as fully implement the new delivery program that was recently launched by the Franchise. New owner should also establish relationships with local businesses and schools, which will dramatically increase revenues and profits!
Training/Support:The franchisor puts new franchisees through a comprehensive training program that allows individuals with any level of restaurant/business experience/no experience to learn the operating system. The seller will provide any additional training and transitional support needed, which shouldn’t be much.
Seller Financing:Yes, depends on final purchase price, terms and qualifications of buyer.
Sale Reason:Selling due to full time job commitments and other businesses.
Ad #86338
Seller Reference #HZ257DZ
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Horizon Business Brokers, LLC
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