MergerPlace

Pizza Franchise

Ohio (Summit)


  • Asking Price: $120,000
  • Gross Income: $289,548
  • Cash Flow: $72,236
  • Real Estate: Not Disclosed
  • Inventory: $2,500
  • FF&E: $39,410
  • Listing ID: #216440
  • Established: 2017
  • Employees: 1 PT

Business Description

Established pizza franchise! Offers pizzas, salads, subs, chicken and wings for delivery and carry-out. Located in a high-traffic commercial plaza, this restaurant has a growing customer base and increasing revenues. Part of a well-known NEO franchise, it is suited for experienced and first-time entrepreneurs.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Ohio
County: Summit

Company Information

Year Established: 2017
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 1 PT

Financial Information

Asking Price: $120,000
Gross Revenue: $289,548
Cash Flow: $72,236
FF&E: $39,410
Inventory: $2,500
Seller Financing Available: Yes

Property Information

Facilities:

1,800 sq ft in a high traffic, strip plaza location with good street visibility. Like most restaurants, relocation would be difficult but not impossible.

Growth & expansion opportunities:

A more robust staff, a larger social media presence and targeted social media advertisements are excellent opportunities for growth. Further, as the pizza industry is expected to see continued increases in revenue over the next five years, acquiring more units could yield significant growth for the next owner.

Competition:

Though competition in Ohio's pizza industry is fierce, the business sets itself apart by providing excellent guest service and routinely receiving glowing guest reviews and ratings. Additionally, the franchise is well-established in NEO, having successfully served the area for over twenty years.

Reason for selling:

The owners are moving out of state.

Support & Training:

Will train for 4 weeks @ no cost As part of a franchise, it is a perfect opportunity for an individual who desires to work for themselves but doesn't want to take on the risk of a wholly new business. In addition to training from the current owners, new owners will receive support and training from the franchisor.

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Business Listed By:

Nadia Mullin

Murphy Business Brokers