Primed for Growth: West Little Rock Pizzeria

Little Rock, AR (Pulaski County)

View from the patio...
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Asking Price: $199,000

Cash Flow: N/A

Gross Revenue: $877,000

EBITDA: N/A

FF&E: $205,890

Inventory: $5,000

Rent: $4,750 /Month

Established: 2007

Primed for Growth: West Little Rock Pizzeria

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Business Description

This West Little Rock pizzeria has been a popular destination for over a decade! With the new Bank OZK corporate office opening across the street, this is an opportunity to prepare for instant growth!!! There is no other restaurant in town selling this style of pizza. This is a unique opportunity to buy into a franchise that wants to expand. The business has tremendous potential for a buyer that wants to take an existing establishment that has room to improve. Management is in place to help run the business. A local owner who wants to build relationships with the community will be highly successful. There is room for improvement in customer service, delivery and catering. The product speaks for itself! Full crew is ready to work under new ownership. We are wanting to sell the restaurant quickly due to our inability to own the business remotely. The price reflects a quick sale and is below market value. All franchise rights and equipment will convey to the new owner. The lease is open for negotiation. Don't miss this opportunity to own a restaurant in West Little Rock primed to be successful!

Detailed Information

Location:
Little Rock, AR
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
7/1/2019
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facilities are leased. Parking space is sufficient for the business. Has beautiful outdoor seating that has room for improvement. Decor is standard, not excessive. Equipment is used but in good working condition. Sale includes all equipment. Lease is currently being negotiated so this is a good time to enter into the conversation for a lower price on the lease.
Competition:
The market is growing with the new Bank OZK Corporate office opening across the street. Additional housing and apartment complexes have recently been opening within the delivery radius. Up the road there are a couple of pizza restaurants but none like this one. The income level surrounding the restaurant supports the price-point.
Growth & Expansion:
Bank OZK will be opening across the street within the next 12 months. This is a great opportunity to start learning the business before it gets busy! There are 7 schools in the area who could use some TLC with school specials! Local business need some attention and would be primed for catering. Catering and delivery are key to growing the business. Very little marketing has been done for this business outside of social media. Expand through marketing and owners who are present with the business.
Support & Training:
As a franchisee, the new owners will need to spend a week training with the corporate office. We will offer a week of training and acclamation as well. Also, we will be a phone call away to help with trouble shooting. Corporate is wonderful to work with and are available 24/7 to help with any needs.
Reason for Selling:
Owners moved and are unable to manage the business remotely.
Franchise:
This business is an established franchise
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Business Listed By:
Brandon Swoboda

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