Business Overview:
Opened in 2005, this NW suburban pizzeria franchise is located in a large, high traffic shopping center, adjacent to a major state highway, that includes anchor retailers such as Best Buy and Staples. The business occupies 1600 sf of ground-level retail storefront space, and there is ample parking. The “front of the house” includes comfortable seating for 20-25 guests. The current lease expires on 04/30/10. The restaurant and kitchen are gorgeous and are in mint condition. This is a turn-key opportunity for the right buyer and would be an excellent acquisition for experienced pizza bakers or recent culinary school graduates.In addition to thin crust, deep dish, stuffed, and double-dough pizza, the store has a wide variety of pasta dishes, sandwiches, salads, award winning bar-b-cued ribs, and appetizers. The asking price includes furniture, fixtures, and equipment (FF&E) with a depreciated value/fair market value of $70,000 and inventory in the amount of $2,000. The interior premises build-out (including spacious walk-in cooler) required an initial investment of $160,000. Seller-financing is available for the right buyer. Buyer will be responsible for paying $15,000 franchise transfer fee.Call Dave Hayes / Sunbelt Business Advisors, 847-605-1510 x241 or send an e-mail to ped@sunbeltnetwork.com for additional information.
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.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.