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High Volume Rosati's Pizza In The S/W Suburbs

Will County, IL

High Volume Rosati's Pizza In The  S/W Suburbs
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Asking Price: $175,000

Cash Flow: $155,000

Gross Revenue: $580,000

EBITDA: N/A

FF&E: $70,000

Inventory: $7,500

Rent: $4,700 /Month

Established: 2001

High Volume Rosati's Pizza In The S/W Suburbs

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Business Description

Successful Franchise /Large Social Media Presence

Well-known pizza franchise in the Southwest suburbs of Chicago. Serving delicious Chicago-style, Deep Dish, Stuffed, thin-crust and double-dough pizzas, along with a variety of pastas, calzones, chicken, sandwiches, salads, sides, wings, appetizers, desserts and more.

This location offers carryout and delivery and had gross income that increased from 2017 to 2018. The year over year increase in revenue, 4.5%, was achieved without heavy discounting or a significant increase in advertising expense. We are one of a very few establishments that do not use "heavy discounting" to drive revenues. In 2018 the employee labor cost was 11% and the management labor cost was 10%.

This location has one of the largest and active Social Media presences in the entire franchise. We routinely offer discounts and specials to this marketing sector at little to no cost in advertising expenditure. Ownership of the Social media account is included in the sale.

We currently do not offer online ordering or ordering via third party sites as Grub Hub, Door dash, Uber Eats.... Tremendous growth potential. Similar operations have increased gross sales by 30-50% with online ordering and third party delivery.

*Update* January 2019 sales were up 9% over January 2018. Advertising spend for this month was 1.8% of gross sales. Total discounts given to customers in 2018 were 7% of gross revenues. This is extremely low in this age of heavy discounting in the pizza sector to achieve high revenue.

*Update* February 2019 sales are consistent with January totals. Total discounts given were 6% of gross sales with the advertising spend at 1.5%.

This location was established in the early 2000’s and is located on one of the busiest arterial roads in the area. It is operated by the original ownership group. Unlike many operations this location has not been operated as an “absentee owner” franchise. A member of the ownership team has been onsite since “day one.” This is a rarity in the pizza franchise sector. The current store manager, a member of the family, will stay from 1-3 months in a new owner paid role to train new ownership if necessary.

This is an incredible opportunity to own a highly successful well-known pizza franchise with almost 20 years of history in the same location. Unlike many other listings for sale this one is trending upwards and highly profitable.

Hours of operation are 11-8:30 Monday-Thursday, 11-10:30 Friday, 3-10:30 Saturday and 3-8:30 on Sundays. A new owner could open for lunch on the weekends and increase yearly revenue by $50,000 to $75,000 a year.

Feel free to stop by the location as a customer first. This is a highly confidential listing. Showings are by appointment only and after qualification by seller.

Message to Brokers: A flat rate fee will be paid to Buyer Agents if a contract is signed prior to April 1st, 2019.

Detailed Information

Location:
Will County, IL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,450
Lease Expiration:
7/31/2020
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1400 sq feet of space. Six deck Middleby Marshall oven, Stephan VCM, three door pizza prep table, large walk-in cooler, five freezers, one two door worktop refrigerator, convection oven, two fryers, one grill and various other food preparation appliances. Four terminal heavy duty POS system with the option of online ordering.
Competition:
Located in a prime location on the best out lot in the area. Great visibility from nearby arterial that has a daily traffic count of 39,000 vehicles.
Growth & Expansion:
Motivated buyer could easily achieve 4% to 7% annual growth by keeping the current high standards, aggressive marketing and reasonable menu price increases. A simple expansion to online ordering, third-party ordering sites, opening for lunch on the weekends should yield yearly increases equal to the selling price of this location.
Support & Training:
Corporate Franchise training and other as needed. Negotiable. See listing.
Reason for Selling:
Retiring and relocating
Franchise:
This business is an established franchise
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Business Listed By:
Bill Alstrom

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