Business Overview:
Fort Worth Fire-roasted gourmet pizza café in Fort Worth, Texas. This location opened January 2006 and has attracted a loyal following. The franchise was established in 2001 and has over 70 locations. The estimated cost for a new, unproven location is $175,000-500,000. The concept combines century old Italian traditions with new world technologies to create the world’s finest, fresh fire-roasted gourmet pizza. The oven sears pizza at 1000 F in just 3 minutes resulting in a delicate, golden crust with a delicious thin crisp center. Desserts are homemade gelatos – all natural ice cream with no trans fats. This location is licensed for beer and wine. 2008 Net Sales are $390,000 with an owner/operator cash flow of $62,000+. Seller reports that Food/beverage is 90%/10% with cash/credit cards split 35%/65%. The asking price for the assets of the business is $250,000 including inventory at cost of $5,000, all FFE (Furniture, Fixtures & Equipment) valued at $150,000 and franchise rights. $75k down payment and assume bank note and seller-financing for a qualified buyer.
Support/Training: Franchiser provides 2 weeks comprehensive training (1 week classroom and 1 week hands-on) on a quarterly calendar. The seller will train a buyer for 2 weeks included in the purchase price. The Master Developer also provides 150 hours of training on-site.
Price $225,000: $75,000 down payment and assume bank note plus seller-financing for a qualified buyer.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The 1,648 Square Feet high visibility space is located in a busy shopping center along a busy road. This high visibility space is leased for a monthly rent of $5,800.75 including NNN. The lease expires approximately July 2015 with two 5-year options.
Market Competition and Expansion:
This is a strong location with excellent potential. A new owner can continue to grow the business and profits in several ways: Implement business catering Promote delivery to local schools and churches Continued hands-on ownership Print and distribute menus to businesses & residences Direct mail surrounding neighborhoods using mail list Local advertising and marketing.
Reason for Selling:
Owner plans to continue developing other locations
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.