East Vancouver Pizza Deal

Vancouver, WA (Clark County)

East Vancouver Pizza Deal
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Asking Price: $29,500

Cash Flow: N/A

Gross Revenue: $416,000

EBITDA: N/A

FF&E: $170,000

Inventory: N/A

Rent: $2,217 /Month

Established: 2018

East Vancouver Pizza Deal

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Business Description

New (6 months from grand opening) gourmet pizza delivery and pick-up location available for immediate re-opening. The first 6 months of operation have been great. The store generates enough sales in just its first few months to allow an owner operator to be profitable. But the franchisee was under funded and could not afford the debt service from building and opening the store.

The store is priced to sell quick. The new owner will shed all of the old debt service. The rent is current and the sales were over $7,000 a week when it closed. The sooner it is taken over and re-opened the easier it will be for the new owner to retain all of the existing customers and then go grow the business.

The store is priced for a quick re-open at an astonishingly low $29,500. A small franchise transfer fee and training fee to the franchisor is available, saving $15,000 over a new franchise agreement and fee. This opportunity really is fantastic and wont last long.

Detailed Information

Location:
Vancouver, WA
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Build out tenant improvement over $120,000. The equipment is worth over $50,000. Long-term lease is in place. The business also has clean books and records.
Competition:
The business is strategically located in a high-traffic location that is the most affluent part of town. As per data from the U.S. Census Bureau, the median household income in East Vancouver in 2017 was $77,788, which is higher than the average for all of Vancouver ($55,593), the state of Washington ($66,174) and national ($57,652) median household incomes.
Growth & Expansion:
This data could imply that the affluent customer base in this area is willing to shell out extra for gourmet pizza, especially one that is delivered quickly and has more options than the average pizza delivery shop including the best gluten-free pizza anywhere.
Support & Training:
The ideal candidate has experience in managing similar businesses. However, if this is your first time to own a business, don't worry because training and support will be provided to you by the Franchisor to ensure that you succeed as the business's new owner.
Franchise:
This business is an established franchise
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Business Listed By:
Dwayne Northrop

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