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Pizza Franchise, owner must sell quickly

Liitle Rock, Arkansas (Pulaski County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price $159,000 Inventory $3000* 
Gross Income $394,000 Real Estate  
Cash Flow $48,000 Year Established 2005
FF&E $123,000* Employees 15

* included in the asking price

** not included in the asking price

This is a great opportunity for a new owner to own a nationally successful pizza franchise and territory well below market value. The current owner of this attractive business has invested more than twice the sale price in the equipment and facility and must sell soon. This sale includes the current location in West Little Rock as well as the exclusive franchise rights to the entire state of Arkansas (a $250,000 value). In addition, the owner will pay the initial franchise transfer fee of $7500 upon sale. The franchisor estimates that this territory could easily support ten locations statewide. The monthly franchise royalties are 6%. This restaurant is 70% pizza sales, and 30% sandwiches, pasta, salad, appetizers, desserts, and drinks. 40% of all sales are dine in, with 35% delivery, and 25% carryout. This location has consistently produced between $390,000 and $450,000 in revenue since opening in 2005. The equipment is top of the line, including a Rotoflex rotating brick oven, a large walk-in freezer, state-of-the-art Micros touch screen computer system, an extensive digital camera system capable of offsite viewing with eight cameras covering the entire facility, digital surround sound throughout the restaurant, and a top level security system with keypad entry.

Facilities: Located in affluent West Little Rock, this 90 seat restaurant is in a four year old strip center on a busy highway. The building is attractive and in excellent condition.

Competition: Normal

Growth/Expansion: This franchise has been successful across the country, offering great pizza and a variety of other food items under a well known name. A new owner could expand statewide, offering a variety of services and locations - including buffets, and pizza by the slice in urban locations. The current location could easily attain a liquor license that would greatly expand sales - the restaurant was prebuilt with an attractive bar that currently isn't utilized.

Seller Financing Available: Yes

Financing: $90,000 down, the rest owner financed

Support/Training: Owner will train and franchise offers training.

Business For Sale By

Fred Wood

501-255-2562

Cornerstone Business Advisors

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