Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$375,000	Inventory	$5,000**
Gross Income	$614,003	Real Estate
Cash Flow	$93,153	Year Established	2003
FF&E	N/A	Employees	15

* included in the asking price

** not included in the asking price

This is a well known established pizza franchise with training right here in Michigan. The sellers have owned this business since 2007 and the business was established in 2004. One of the owners works part time at the business and the other is absentee. They have 10 full time employees and 5 part time employees. The equipment is in great condition. The royalties are 10% of food products that are purchased from franchise approved vendors. The franchise transfer fee is $4,000 to be paid by purchaser. Training is 40 hours in Michigan. Gross Sales were $614.003 in 2008 (taxes) with sales going up every year. Good cash flow which was $91,153 from 2008 taxes. This business is pre approved for a SBA loan with equity injection (proposed) at $80,000 from the purchaser. Don't wait, this one will not last long on the market!

Facilities: 1,600 sq ft pick up pizzeria.

Seller Financing Available: Yes

Financing: preapproved for SBA loan with $80,000 down

Support/Training: Seller will train

Reason Selling: Other interest