Italian Food & Pizza Franchise Restaurant

New Orleans, LA (Orleans County)

Pizza Restaurant for Sale

Asking Price:$119,000

Cash Flow:N/A

Gross Revenue:$710,000

EBITDA:N/A

FF&E:$140,000

Inventory:$4,500

Lease Rate/Sq. Ft.:N/A

Established:2010

Italian Food & Pizza Franchise Restaurant

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Business Description

Located on the New Orleans, La Northshore, this Italian Food/Pizza Franchise restaurant business for sale is located on a major high traffic hwy with great visibility and easy access. Restaurant seats approximately 70 people with plenty of parking for all its customers. In 2015 business generated approximately $705,000.00 in revenue. Restaurant also has equipment valued at approximately $140K that will go with the sale.

This is a great opportunity for an owner operator. With the current owners not always present, an owner operator could take on more responsibilities and increase the profits. With owner operate an additional $40K could be added back to the owners from expenses.

The North Shore region of Metro New Orleans has great public schools and lots of affordable housing, many with large acreage lots. The area is large, relatively affluent and is one of the fastest growing communities in Louisiana and the US. Outdoor recreational activities such as hunting, fishing, boating, hiking, bicycling, etc abound. Crime is very low and the environment is pristine. The North Shore area is just a short drive down the interstate or other major roads to New Orleans, Louisiana. Sellers have decided to divest of this opportunity and pursue other interests.

Sellers & franchisor will help train new owner on how to run this easy to own and operate business. Come by and taste the great food, meet the owners, make offer!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
3 FTE, 22 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,500 sq. ft. leased space
Support & Training:
Seller & Franchise will provide training
Reason for Selling:
To expand to other areas
Franchise:
This business is an established franchise

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Robin Kuckyr

Business Listed By:
Robin Kuckyr

Sunbelt Business Brokers

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Ward Wicht

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