Papa Murphy's Take & Bake Pizza

Tulare, CA (Tulare County)

Seller Financing Available
Papa Murphy's Take & Bake Pizza

Asking Price:$150,000

Cash Flow:N/A

Gross Revenue:$444,000




Lease Rate:N/A /SF


Papa Murphy's Take & Bake Pizza

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Business Description

Papa Murphy's Take & Bake Pizza

Owner financing. The store is under performing due to the sellers personality. He is not the most gracious owner and has difficulty building long term relationships with local patrons.

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Established 2002. Original owner sold to the present owner almost 3 years ago due to a divorce. Seller is very motivated since his wife is an eye doctor and must move her practice approx. one hour away from their present location in Tulare, CA. Store shows well. However, Papa Murphy's Franchisor will require buyer to remodel the store approx one year from take over date. Cost of remodel is approx. $50,000. Financing is available with virtually nothing down.
There is a variety of fast food stores and restaurants in the Tulare area. The only competition to Papa Murphy's take and bake pizza is super market frozen pizza. Full service pizza operations do not impact Papa Murphy's Take and Bake Pizza. Papa Murphy's is the # 1 take and bake pizza franchise in the country with over 1,500 stores.
Growth & Expansion:
The present owner has had problems with the local patrons just due to personality issues. The store has a great location and has had a difficult history due to the previous owner being an alcoholic and going through a divorce. The Tulare area has great demographics for the product and is the only take and bake pizza operation in the area.
with $75,000 down plus inventory.
Support & Training:
Buyer must attend approx. 4 weeks of in store training and 1 week of class training. Most training will take place in Auburn, CA which is just above Sacramento, CA
Reason for Selling:
Most move due to Wife's eye doctor practive

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michael marich

Business Listed By:
michael marich

The Capital Group

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