File Number-#0698 | Location-Oakland County, MI. | Gross Sales-$534,238 | Cash Flow-$69,565 | Business Price-$129,000 | Down Payment-$70,000 | Interest Rate / Amort. Period- 8% int., amortized over 60 months | Monthly Payment- $1,196.31 | License Required-Sales, Food, Franchise | Inventory Value-$5,000 | Employees Full Time-3 | Employees Part Time-1 | Date Established-2002 | Hours of Operation- 7 Days 11am-11pm | Rent-$2,981.91 NNN| Lease Period- 8/2028 | Reason for Sale- Owns Other Restaurants
This is a great opportunity to own a well-established franchise Pizzeria in Oakland County. Located at a busy intersection, this pizzeria is surrounded by plenty of residential and commercial properties. All equipment is in excellent condition and serviced regularly! Menu consists of: Pizza, Salads, Wings, Oven Baked Subs, Calzones, Pasta and more. Currently being run semi-absentee with the owner working only 3 days per week and not promoting any advertising… a new owner/operator with some creative advertising/marketing along with offering lunch specials, adding catering, corporate & school accounts, you have HUGE potential to do well over $100k plus cashflow! A must see/must have business that will not disappoint! Turn-key operation only needing a new owner/operator! Seller will entertain all reasonable offers!
Transfer/Training Fee: $5,000 Royalties: 4% Advertising: 3% Training Period: 2-4 weeks locally