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Asking Price$299,995
Revenue$771,589 Established2010
Cash Flow$148,735 Employees5 full, 6 part
FF&E$68,295* FranchiseYes
Inventory$5,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Incredible opportunity to purchase an established New York Style Pizza Franchise in a trendy, affluent, and growing part of Washington, DC that continues to see growth. The business offers New York Style Pizza which is one size only, calzones, pastas, salads, chicken wings, garlic knots and many other favorites! The business is in a great location and has a very loyal customer base that loves the food! This location has great reviews on all social platforms which really helps bring in new customers too. The atmosphere is nice and modern, they have a great and easy to use website where you can order online for pick-up or delivery. The franchise is very supportive making this a very easy business to operate for an owner operator or even a semi absentee to absentee owner. The business is currently semi absentee to absentee owned as it is being run by a manager (note the claimed cash flow is if the business was owner operated – it would be about $35k less if absentee owned) as the owner has other businesses, three more of the same Franchise, another of which he is currently selling (a combined sale can be negotiated at a slightly reduced price), the other two he is keeping as he truly likes the franchise and wants to grow those locations. Businesses like this don’t last long so if you are interested contact us today!
Facilities:The business occupies a 1200 sq ft space which is leased for $9,800/mo. The space is fully equipped with everything in great working order. The restaurant is located in a very trendy, affluent, high traffic area with lots of traffic – this location is poised for great growth and huge profits!
Competition:Standard competition in the food industry for the area.
Growth Potential:The current owner has multiple businesses and is pretty absentee so a new owner can easily increase revenues and cash flow by just being there. A new owner could expand upon local marketing efforts to increase awareness of the business. Another huge area of opportunity is catering and delivery.
Training/Support:Seller will provide necessary training and support.
Seller Financing:Available depending on the final purchase price, terms and qualifications of the buyer.
Sale Reason:Seller has multiple businesses and looking to exit to purchase a hotel.
Ad #94789
Seller Reference #HZ308DZ
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