| Asking Price |
$99,000 | Inventory |
$1,200** |
|---|---|---|---|
| Gross Income |
$275,000 | Real Estate |
|
| Cash Flow |
$71,825 | Year Established | 1994 |
| FF&E |
$50,000* | Employees | 5 |
* included in the asking price
** not included in the asking price
Ronzio Pizza & Subs Franchise started in 1987 in a predominantly Italian Providence, Rhode Island neighborhood. From the beginning Ronzio's made its dough fresh several times per day and the pizzas were prepared using the freshest, top quality cheeses and toppings. Quickly Ronzio Pizza and Subs become the favorite among the neighbors and word spread and more stores opened in surrounding areas. In today's busy world, people demand quick, convenient and delicious meals. Pizza and subs are a high growth, in demand food category. According to Restaurant Business, there is no sign of saturation in the $30 billion pizza segment. Ronzio Pizza has created a popular and award winning brand that customers love. A Pizza Delivery, dine-in and take out, business in Cumberland, RI. Well known company. Strong brand in area. Over 10 years at this location. Strong repeat customer base. Del's Lemonade concession brings in more money over the Summer. Current owner does little to no advertising other than the required 2% contribution to the franchisor. The brand is a very well known name in the area. Local marketing and advertising could substantially improve sales.
Facilities: Nice strip center off major highway. 1000 square feet. Plenty of parking. High traffic street. Great visibility! Equipment is 5-12 years old, major repairs and replacements were made in 2006 upgrading the existing equipment.
Competition: The location is great right off highway exit and entrance ramp. Busy strip center, video store, oil change, and other brand name stores.
Growth/Expansion: Current owner has done NO local advertising. Advertising is key to building sales. A new owner with some marketing savvy could increase sales dramatically. The store used to gross over $400K 3-5 years ago.
Financing: Third Party financing available for qualified individuals.
Support/Training: No food experience required. Full Training and support supplied. Store is part of a local franchise.
Reason Selling: Owner desires to return to homeland.

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