High Volume Figaro’s Pizza Creswell, OR – Well Established!

Creswell, OR (Lane County)

Seller Financing Available
High Volume Figaro’s Pizza Creswell, OR – Well Established!

Asking Price:$229,000

Cash Flow:$86,496

Gross Revenue:$545,465

EBITDA:N/A

FF&E:$125,000

Inventory:N/A

Rate/Sq. Ft.:$10.58

Established:2002

High Volume Figaro’s Pizza Creswell, OR – Well Established!

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Business Description

Specializing in baked-ready-to-eat or take-and-bake pizzas. Serving unique wholesome pizzas freshly made with their original, thin or pan crust along with several delicious sauce options including traditional tomato, creamy garlic, tangy BBQ and zesty picante. Topped off with a wide variety of choice meats, fresh vegetables and 100% REAL mozzarella cheese. Customers choose from their specialty pizzas or build their own. Also available pizza by the slice, calzones, lasagna, sub sandwiches, wings, salads, breadsticks and other tasty Italian food.

Light and bright interior. Simple operation – counter service. Dine in, take out and delivery. 85% of their business is take out!

Prime retail space in a busy strip center perfectly situated just off I-5 at the entrance of Creswell. A DOT sign at each exit promotes to drivers coming off the interstate of its nearby location in a bustling area with many services to local residences and travelers alike. Other tenants in this popular center include Knecht's Auto Parts, Patti's Lottery & Deli and more. Also boasts the only video store and liquor store in town. Ample parking. Plus, the elementary and high school are close by!

Creswell is a friendly community tucked conveniently between Eugene & Cottage Grove along the I-5 corridor, home to one of the finest municipal airports in the Northwest. A quiet retreat in the South Willamette Valley with easy access to the foothills of the Cascade Mountains, Creswell offers a treasure trove of outdoor activities.

2016 sales up 6% YTD. In fact, sales have been up every year since they opened!

Highly confidential listing, please do not discuss with employees or patrons.

Listed by Tami Hillier at EatZ & Associates

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
2,150
Lease Expiration:
12/31/2019
Employees:
3 Full/6 Part
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space – cheap $1,896/mth includes rent, CAM, insurance and taxes. Current lease expires in 2019 with two 5-year options. Annual rent increases of 3.5% each year. Square Feet: 2,150. Seating: 14 Inside & 8 Outside. Days/Hrs of Operation: Su-Th 11a-8p & Fr-Sa 11a-9p.
Competition:
Proudly claims to be ‘The Greatest Pizza You Can Have At Home’. Dough is made fresh daily on site. Then topped with only the finest ingredients: 100% REAL Mozzarella cheese, vegetables never canned or frozen, leaner meats with no fillers or extenders and special sauces blended with imported extra virgin olive oil. Plus, none of their pizzas contain MSG or trans fats. Their unique flavors come from these quality ingredients and their terrific recipes, which keeps customers coming back for more. The only national chain that offers consumers the option of a take out or delivered pizza, hot and ready to eat -or- wrapped and ready to pop into the oven when they want it. Has a loyal customers base, their products are so good that 69% of their customers do not eat pizza from anywhere else but Figaro’s. Well known for their speed, quality, value, convenience and service.
Growth & Expansion:
For over 35 years, Figaro’s Pizza has been making pizza and other products consumers love – calzones, salads, breadsticks and more. A worldwide chain established in 1981, currently operating 45 locations in the U.S. and 10 internationally. Figaro’s is the industry leader in both baked as well as ‘take-and-bake’ pizza. The only folks offering BOTH delivered - no other pizza franchise offers ‘take-and-bake’ delivered! Take & bake (or ‘you bake’) pizza is very well known and widely accepted in the Pacific Northwest. Customers love the convenience and taste of hot pizza right from their oven, right when they want it. Plus pizza is America’s favorite food! 93% of all Americans eat pizza on a regular basis, resulting in a growing industry of over $37 billion!
Financing:
Possibly, for a well-qualified buyer with substaintial down.
Support & Training:
Four weeks – two weeks on-site comprehensive training and two weeks of classroom instruction at Headquarters.
Reason for Selling:
Retiring.
Franchise:
This business is an established franchise

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Tami Hillier

Business Listed By:
Tami Hillier

EatZ & Associates

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Sponsoring Broker:
Tom Traina

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