Price Significantly Reduced! Buy this Highly Profitable Pizza Franchi

Denver County, CO

We Sell Restaurants - Colorado Restaurant Brokers
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Asking Price: $249,000

Cash Flow: $125,591

Gross Revenue: $890,337

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,002.53 /Month

Established: 2004

Price Significantly Reduced! Buy this Highly Profitable Pizza Franchi

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Business Description

Bring your offers today!

Price significantly reduced! This pizza franchise for sale features a bar and is located in an upscale area and is doing sales of over $1 million in gross sales in 2018. The owner is taking home over $125,000 per year! Bring your offers today!
This pizza franchise for sale is located in a thriving residential community with continued growth featuring a high-rent 350-unit apartment complex, which is just now starting to lease their spaces only one block away. Additional apartments are directly above and across the street from the establishment as well! This is the only Denver (city proper) neighborhood that is still expanding its number of single family residences. Other areas are replacing homes but this one is still creating them! Residents in this community have twice the median household income, on average, of others in the Denver metro area!
Gross sales were over $1million in 2018, and profits were over $125,000 at this pizza franchise for sale offered by the Restaurant Brokers. The absentee owners hope to see an owner/operator purchase this pizza franchise for sale and take it to the next level. Recently remodeled, this establishment boasts over 1,650 inside square feet with seating for 40, and approximately 300 additional square feet of beautiful outdoor seating for 20. The remodel was tastefully done and, at that time, a separate bar area was built and a full hotel/restaurant liquor license was acquired! Total rent expense is only $5,000 a month (just under 7 percent of gross sales). Opportunity abounds at this location!
The front of the house in this pizza franchise for sale is well furnished and beautifully decorated. The establishment is outfitted with three state-of-the art Aloha touchscreen point of sale terminals as well. Additional front of the house equipment includes a beverage and dessert cooler, manager's work-station, music/entertainment system, security system with remote access, Beverage Air glass front 2-door bottled beer cooler, Micro-Matic dual zone 4-tap wine dispensing cooler unit, 4-tap beer dispensing cooler unit and a Coke Freestyle Machine with 120 different beverage options along with a Scotsman ice maker.
The current menu at this pizza franchise for sale consists of hand tossed stone-hearth pies, freshly made salads, premium pasta dishes, Italian subs and sandwiches, chicken wings, additional appetizers, desserts, and a fully-stocked bar for any alcoholic beverage you could imagine! This pizza franchise for sale has incredibly solid books. The establishment has been in business for 15 years at this location and will be loan eligible for qualified buyers. Royalties are only six percent!

Detailed Information

Location:
Denver County, CO
Real Estate:
Leased
Building SF:
1,651
Lease Expiration:
1/31/2025
Employees:
6 FT 16 PT
Facilities:
Beverage dessert cooler display unit Beverage Air 2 door glass front reach in cooler 4 Tap wine dispensing cooler unit 4 Tap 3 door draft beer cooler unit Two True 2 door sandwich board cooler unit True 2 door reach in cooler unit True 3 door reach in cooler unit Scotsman Prodigy ice maker Turbo Chef Sota micro convection fast cook oven Nemco portable steam table True 2 door standup reach in freezer True 1 door standup reach in freezer 2 Amana microwave ovens Hobart 60qt floor mixer True 2 door standup reach in refrigerator True 3 door standup reach in refrigerator 1 One door glass front beverage display cooler 2 Double stack Blodgett pizza ovens 2 door floor safe 2 Flat panel televisions 3 NCR Aloha POS terminals 5 receipt printers Back office NCR Aloha server Security system with remote access 7 patio tables 20 patio chairs 20 indoor chairs 10 indoor tables 5 bar stools 2 Highchairs Miscellaneous shelving units Miscellaneous small wares
Competition:
The only area in Denver proper that is still building a significant amount of residential dwellings Located in a high foot traffic outdoor mall with major parks and schools very close by More condos and apartments being built and occupied only steps a
Growth & Expansion:
Being a franchise unit there are still many parts of Colorado that are not owned by other franchisees Growth and expansion along with great local franchisers who are easy to work with the possibilities are virtually endless
Support & Training:
Two weeks complimentary with additional training negotiable
Reason for Selling:
New Career
Franchise:
This business is an established franchise
Business Website:
http://www.wesellrestaurants.com
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John Kesterson

Business Listed By:
John Kesterson

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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