Franchise Pizzeria & Grill
This is a great opportunity to own a worldwide brand, Franchise Pizzeria & Grill in Saginaw County. Established in 2015, this pizzeria is located on a highly traveled road with plenty of residential, commercial properties in the surrounding areas. All equipment is in excellent condition and serviced/maintained regularly! Build-out cost was in excess of $1.4M! Menu consists of: Chicago Deep Dish Pizza, Detroit Style Pizza, Steak, Chicken, Seafood, Pasta, Burgers, Sandwiches, Salads, Appetizers, Dessert and more. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding catering, corporate & school accounts, cater to surrounding hotels, joining the Chamber of Commerce and community involvement, you have HUGE potential to the already steady gross sales. New owner can keep the existing franchise or breakaway and bring your own concept. A must see/must have business that will not disappoint! Turn-key operation only needing a new owner/operator. Seller will entertain all reasonable offers!! Royalty Fee: 5% Advertising Fee: 3% Training: 6-10 weeks
Rent
$12,500 Gross
Down Payment
$150,000
Lease Period
New Lease Required
Reference Code
0837
Inventory Value
$50,000
Monthly Payment
$4,234.33
License Required
Sales, Food, Franchise, Class C
Hours Of Operation
7 Days / 11am-10pm
Employees Full Time
20
Employees Part Time
15
Interest Rate / Amortization
8% int., amortized over 120 months
Reason for Selling
Absentee Owner / Owns Other Businesses
Financials
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