Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$99,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	The Franchiser is divesting itself of all its Corp
Year Established:	2005
# of Employees:	2 Full Time / 13 Part Time
Yearly Revenues:	$323,096
Yearly Gross Income:	$323,096

Business for Sale Overview:

This Gourmet Pizza business was opened in 2005 and all of the equipment and fixtures are still just like new. It is located in the Rose Hill district of Kirkland 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. The current owner is the Franchiser and this has been one of their flagship stores. The revolutionary concept of Gourmet pizza and "fast delivery" combined with un-excelled 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. This business is priced way below market for a quick sale.

Property Features and Assets:

This Gourmet Pizza business was opened in 2005 and all of the equipment and fixtures are still just like new. It is located in the Rose Hill district of Kirkland where the demographics of this densely populated area make this location a sure success. The business occupies 1,506 square feet. The monthly base rent is $2,973 plus monthly NNN charges of $931. The Lease runs till 2/28/2015 with a 5 year options to extend the Lease being negotiated by the Franchiser.

Market Competition and Expansion:

This business is strategically located in the Rose Hill district of Kirkland 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. The business has been built up by the Franchiser and has a great reputation and a loyal following. The current owner is the Franchiser and this has been one of their flagship stores. 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.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.