Pizza Joint Franchises-AAA Locations-New Pricing-Can Convert

Atlanta, GA (Cobb County)

Pizza Joint Franchises-AAA Locations-New Pricing-Can Convert

Asking Price:$1,025,000

Cash Flow:$180,000

Gross Revenue:$1,230,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:N/A

Pizza Joint Franchises-AAA Locations-New Pricing-Can Convert

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Business Description

NAME/CONCEPT:
Founded in 2008, this Pizza Joint is the original create-your-own fast casual pizza restaurant. Operating 34 restaurants in several states, this is fastest growing fast casual pizza restaurant, opening 13 units in 2013 and 200 restaurants in development. This franchise pizzas are completely customizable, made-to-order, and served up in just seven minutes for under $7. Restaurant offers four sizes, three types of crusts, including gluten-free, six sauces, and nearly 50 fresh toppings, many vegan, organic, and hormone-free. The freshest menu in the category, also serves toasted paninis and gourmet salads -- all prepared with locally-sourced ingredients and salad dressings that are made daily. Based in Atlanta, the franchise management team is the most experienced in the fast casual category and have targeted Georgia, Alabama, Florida, Kentucky, North Carolina, South Carolina, Texas, Tennessee, Virginia and Washington DC. for growth through franchising.

ADDRESS/AREA INFO:
Cobb Parkway, Atlanta, GA 30339
Kennesaw, GA 30144

OPERATING HISTORY:
Cobb Parkway -- January 2012
Kennesaw -- August 2012

VOLUME/NET Profit /LOSS:
Cobb Parkway:
2012 Gross: $855,426.68
2013 Gross: $848,243.89
2014 Gross $756,904.20
2015 Gross $680,000 with net income at $62,000

Kennesaw:
2012 Gross: $244,677.11 (opened in August)
2013 Gross: $619,602.29
2014 Gross $505,486.32
2015 Gross $550,000 with net income at $118,000

HOURS OF OPERATION:
11 am - 10 pm Sunday to Wednesday & 11am - 10pm; Thursday to Saturday at both locations.

SELLING PRICE/TERMS: $575,000 Cobb Parkway and $450,000 Kennesaw.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
2,350
Lease Expiration:
N/A
Facilities:
SIZE/TYPE: Cobb Parkway -- 2,250 sq. ft. Kennesaw -- 2,350 sq. ft. RENTAL RATE/TERMS/OPTIONS: Cobb Parkway: $5,812/month + nnn Kennesaw: $6,000/month + nnn 1. Cobb Parkway: Prime location, located near the home of the future Atlanta Braves stadium with over a billion dollars being invested in a half mile area, Cobb Galleria Convention Center, Performing Arts Center, Cumberland Mall, and multiple high rise office buildings with over 10,000 employees. Lots of opportunities to develop catering & delivery division. All equipment works great, everything was purchased new. Opportunity to enclose patio also and use it all year round. Great end cap location with high level foot traffic. 2. Kennesaw: Prime locations, ¼ mile from Kennesaw State University, over 7,000 corporate employees. KSU now has a college football team, which is going to add an enormous amount of traffic on weekends and game day. Our shopping center recently was awarded a BOB (Big Owl Bus) bus stop directly behind our location. This campus school bus does pickup/drop off every 15 minutes daily to transport students back and fourth. All equipment works great and was purchased new. Patio is covered, great end cap location. Connected with Starbucks drive-thru, excellent visibility.
Growth & Expansion:
Owners are absentee and not active in business and do not run shifts or handle any duties. Due to other projects and family businesses they do not have the time to operate or grow this business. As Owners are not active almost nothing is being done to capture the amazing market for catering and deliveries. Absolutely no marketing is being done. Other neighboring businesses operating $2MM-$3MM annually. KEEP OR CONVERT TO OTHER CONCEPT OR BRAND!
Support & Training:
Please ask broker.
Reason for Selling:
Other business interests.
Franchise:
This business is an established franchise

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Steven Josovitz

Business Listed By:
Steven Josovitz

Shumacher Restaurant Brokers

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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