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Franchise Pizzeria & Tavern-Rare Opportunity

Oakland County, MI

Seller Financing Available
Franchise Pizzeria & Tavern-Rare Opportunity
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Asking Price: $299,950

Cash Flow: N/A

Gross Revenue: $1,044,238

EBITDA: N/A

FF&E: $300,000

Inventory: $15,000*

Rent: $0.00

Established: 2008

*not included in asking price.

Franchise Pizzeria & Tavern-Rare Opportunity

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Business Description

Rare opportunity to join a well-known and unique local Franchise Pizzeria & Tavern known for their deep dish pizza. This pizzeria & tavern is located in Oakland County, MI and currently being operated as corporate store. Seller/Franchisor is willing to sell as the current franchise or break away from the brand. Price includes all FF&E, Liquor License, and the initial franchise fee. Purchaser will need to be approved by the seller/franchisor prior to the purchase. On going royalties are 5% of net sales. Seller has recently replaced most of the HVAC units and both hot water tanks. Place shows like new. Assets included in the sale are worth the sale price alone. Seller's are motivated to sell to an owner operator who will and can grow the business very easily. This is truly an opportunity that does not come by often. Business is turnkey with lots of goodwill. Step right in and start making money. This will not last. Seller's will entertain all reasonable offers for a qualified buyer. Don't miss out, call now!

Detailed Information

Location:
Oakland County, MI
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,612
Lease Expiration:
4/30/2022
Employees:
FT 15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full Service Restaurant with Bar, 4,612 sqft, End-cap unit with outdoor patio, seats 110.
Competition:
Niche product. Nothing like it around. Huge potential for improvements. 100% absentee, owner operator recommended.
Growth & Expansion:
Growth potential with an owner operator. Currently being operated by a manager, 100% absentee.
Financing:
$99,950 Down, Amortized over 84 months, 7.5% Interest, $3,067.35 per month
Support & Training:
Seller/Franchisor will offer training. 30 days at no additional cost.
Reason for Selling:
Seller has other businesses/restaurants.
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(from currently available funds)
 
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Paul Habba

Business Listed By:
Paul Habba

Business Broker One

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