Pizza Location with Lottery
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
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