MergerPlace

Pizza & Italian Food Franchise

Port Townsend, Washington (Jefferson)


  • Asking Price: $120,000
  • Gross Income: $537,000
  • Cash Flow: $112,000
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $60,000
  • Listing ID: #210599
  • Established: 1993
  • Employees: 14, all part-time

Business Description

This attractive, top tier franchise restaurant has prospered for over two decades, is located in a growing historic community, enjoys robust tourism, and has been well prepared for a new owner. Fresh ingredients, hand-tossed pizza, a varied menu, plus beer & wine served. The franchise transfer fee and training are included in price.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Washington
Metropolitan Area: Port Townsend
County: Jefferson

Company Information

Year Established: 1993
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 14, all part-time

Financial Information

Asking Price: $120,000
Gross Revenue: $537,000
Cash Flow: $112,000
FF&E: $60,000
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

2,500 square feet of leased space situated in a prime downtown location. The restaurant has been refreshed and is ready to go. The restaurant seats 60 in the dining room and up to 30 in the party room. Limited outdoor dining. Fresh paint and décor as well as new outdoor signage.

Growth & expansion opportunities:

The area enjoys a growing population, is a very popular tourist destination, is a gateway to other tourist and recreation locations, and is a connection point to other San Juan islands.

Competition:

The restaurant’s longevity and prosperity attest to the strength of this franchise location. Competition is modest.

Reason for selling:

Franchisor owned.

Support & Training:

Excellent franchisor support with franchisor’s training program included in the sales price.

Contact Business Seller

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Business Listed By:

Eric Breidenbach

Business Team