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Accommodation & Food Services

Franchise Pizzeria & Grill

Saginaw County, MI, USA
Updated 1 day ago
Established 2015

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

Asking Price
$499K
RevenueMost Recent Year
$1.5M
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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