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Accommodation & Food Services

Pizza Location with Lottery

Multnomah County, OR, USA
Updated 1 day ago

Just Listed! Popular Pizza Franchise known for having the best pizza in town! This business offers in house dining as well as delivery and take out. There is 3445 square feet, beer and wine license, seating for 60, 6 Lottery machines which did a net of $110k net in 2021, located in a high traffic area, great parking and much more! There are currently 10 employees which includes one Manager and two lead supervisors. Current hours of operation are Sunday through Thursday 4:00 p.m. until 9:00 p.m. and Fridays and Saturdays 11:00 a.m. until 9:00 p.m. Lease is $6505.31 per month with a 3% annual increase. Lease including triple net charges are $8487.64 per month. Current lease expires 10-31-2026. Lease deposit is one month’s rent. Franchise fee is 6%. There is a $5000 transfer fee with Franchisee and a $5,000 Royalty Deposit. Seller will train new Buyer on day to day operations and there is a required one week training with Franchisee. This is a fantastic opportunity for an on premise owner! There is great potential for additional income by opening extended hours, adding a full Olcc license and having an on premise owner. Location may be sold without franchise.

Olcc

LOP

Lease

$6505.31

Sq. Ft

3445

Lottery

Yes

Property

No

Employees

10

Down Payment

$125K

Current Hours

Sunday through Thursday 4:00 p.m. until 9:00 p.m. and Fridays and Saturdays 11:00 a.m. until 9:00 p.m.

Franchise Fee

6%

Lease Deposit

one month’s rent

Royalty Deposit

$5,000

Lease Expiration

10-31-2026

Lottery Machines

6

Lottery Net 2021

$110k

Seating Capacity

60

Lease Annual Increase

3%

Franchise Transfer Fee

$5000

Lease Including Triple Net

$8487.64 per month

Financials

Asking Price
$300K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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