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Franchise Pizzeria Chain

Macomb County, MI, USA
Updated 1 day ago
Established 1953

GREAT OPPORTUNITY TO OWN PART OF DETROIT PIZZA HISTORY! This is a great opportunity to own a long-established, well-known Detroit Franchise Pizza Chain that includes corporate headquarters and (2) corporate stores in the sale. Additionally, there are (4) existing franchisees in place with so much more growth potential to expand the brand with a new owner/operator and operations team in place. All legal Franchise Documentation (FDD, Franchise Agreement, Operations Manual, Registrations, Etc.) are in place and ready for a huge expansion of the brand recognition. All existing pizzerias are located on highly traveled roads surrounded by plenty of residential and commercial properties. All equipment is in excellent condition and regularly maintained. Only the freshest ingredients are used in the daily preparation of all menu items. Great food!! Menu consists of: Pizza, Specialty Pizza, Gluten Free Pizza, Salads, Bread, Subs, Calzones, Wings, Sides Dessert and so much more. Current owner does minimal advertising and runs the company semi-absentee…a new owner/operator with some creative advertising/marketing along with promoting additional franchise locations, expand locally/nationally, expand menu and community involvement, you have HUGE potential. A must see/must have business that will not disappoint with endless opportunities! Seller will train entertain all reasonable offers!! Transfer/Training Fee: $5,000 / Royalty Fee: 9% based COGS / Advertising Fee: .25 per Box Training Period: 5-6 weeks locally

Rent

$2,050 Gross & $1,600 Gross

Royalty Fee

9% based COGS

Down Payment

$180,000

Lease Period

New Lease Required

Reference Code

0814

Advertising Fee

.25 per Box

Inventory Value

$10,000

Monthly Payment

$3,153.30

Training Period

5-6 weeks locally

Date Established

1953

License Required

Sales, Food, Franchise

Hours Of Operation

Mon-Thu 11am-9pm / Fri-Sat 11am-10pm / Sun12pm-9pm

Employees Full Time

3

Employees Part Time

10

Transfer/training Fee

$5,000

Interest Rate / Amortization

8% int., amortized over 120 months, balloon due in 84 months

Reason for Selling

Downsizing Portfolio

Financials

Asking Price
$440K
RevenueMost Recent Year
$874K
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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