Seller Financing Available
Absentee, Profitable, Growing, Mr Jims Pizza 19706
Absentee, 2014 growing 15% ahead of 2013, excellent books
MegaBite Restaurant Brokers, LLC offers, for your ownership consideration, an absentee-owned ~11 year established pick-up and delivery Mr Jim’s Pizza franchise in Denton County, Texas serving an exclusive territory between Forth Worth and Denton Texas. This VERY profitable location has low hours of operation, a loyal/growing clientele and is located in a fast growing region. The business has steadily increasing sales with relatively little advertising expense!! 2014 Mr Jim’s Sales Reports through August are 19% AHEAD of 2013 !!
Mr Jim’s Pizza franchise was established in 1975 and has over 50 locations. Orders can be telephoned or placed online. The estimated cost for a new, unproven location is $125,000 to 150,000.
The greatest strength of this business is its continued growth and an established strong reputation with homeowner, schools, booster groups, teams, businesses, youth associations, … and, of course, the general public. The restaurant is clean, spacious and well-organized.
The asking price for the assets of the business is $210,000 ALL-CASH or $300,000 with $100,000 down and $200,000 seller-financed (5 years, 8%, monthly payments $4,055.28/month) to a qualified purchaser. The assets include inventory at cost of $5,000 and FFE (Furniture, Fixtures and Equipment) valued at $30,000. Purchaser is responsible for any franchise application or transfer fees (estimated at $5,500).
TO MINIMIZE BUSINESS INTERRUPTION, PLEASE DO NOT CONTACT THE BUSINESS DIRECTLY.
Convenient to: Roanoke, Haslet, Saginaw, Justin, Flower Mound, Lewisville, Denton County, Trophy Club, Rhome, Argyle, Grapevine, Southlake, Keller, Eagle Mountain Lake