| Asking Price |
$115,000 | Inventory |
$5,600** |
|---|---|---|---|
| Gross Income |
$502,859 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2005 |
| FF&E |
$75,000* | Employees | 1 ft/ 13 pt |
* included in the asking price
** not included in the asking price
This Gourmet Pizza business was opened in May of 2005 and all of the equipment and fixtures are still just like new. This business is strategically located between Brown s Point and Twin Lakes nestled among many businesses and the booming residential growth area, with a perfect demographic mix of businesses and residential neighborhoods. There is great access and lots of parking. There is no other gourmet pizza take out or delivery in the same area; therefore, there is no direct competition. The business has been built up by the Seller and has a great reputation and a loyal following. The current owner is absentee; and must sell this business to increasing demands in other areas. The upside for an experienced owner operator is unlimited. The demographics of the area insure almost instant success. This is a turn key business. The revolutionary concept of Gourmet pizza and "fast delivery" combined with unexcelled service has made this one of the fast growing Franchises in the business. This is a turn key business. This Gourmet Pizza is one of the best pizzas in town and a very well known and respected name in the business. The Franchise fee is 5.5%, National Advertising Fund fee is 2.5%, and the Local Ad fund fee is 3.5%. This is a regionally known Seattle based Franchise with 4 weeks of intensive training at one of their local stores on all the aspects of owning and operating a Pizza business. Transfer fee is $3,000. Training fee is $5,000. Steal. The Seller has over $250K invested and this business is priced way below market for a quick sale.
Facilities: This Gourmet Pizza business was opened in May of 2005 and all of the equipment and fixtures are still just like new. It is located between Brown s Point and Twin Lakes where the demographics of this densely populated area make this location a sure success. The business occupies 1400 sq feet. The monthly base rent is $3,659 plus monthly NNN charges of $641. The Lease runs till 8/31/2015.
Competition: This business is strategically located between Brown s Point and Twin Lakes nestled among many businesses and the booming residential growth area, with a perfect demographic mix of businesses and residential neighborhoods. There is great access and lots of parking. There is no other gourmet pizza take out or delivery in the same area; therefore, there is no direct competition. The business has been built up by the Seller and has a great reputation and a loyal following.
Growth/Expansion: The current owner is absentee; and must sell this business to increasing demands in other areas. The upside for an experienced owner operator is unlimited. The demographics of the area insure almost instant success. This is a turn key business. This Gourmet Pizza is one of the best pizzas in town and a very well known and respected name in the business.
Financing: Cash or Bank Financing
Support/Training: This is a regionally known Seattle based Franchise with 4 weeks of intensive training at one of their local stores on all the aspects of owning and operating a Pizza business. The Seller will provide and additional week of training after closing on the day to day operation of the business.
Reason Selling: The current owner is absentee; and must sell this business to increasing demands

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