Business Overview:
Existing Pizza Store located in San Diego, North County, selling fresh, delicious, top quality pizza.
Full complement of equipment including a 3 stack Impinger II Conveyor Oven- natural gas, 1 Type II Direct Draw Hood, and 1 Type I Direct Draw Hood both with new fire suppressors, and 2 Pitco 50lb Gas Fryer, 1 single door Merchandiser Refrigeration, 1 Reach in Freezer and 1 Fountain Top Ice Machine.
Store operates with 1 on site manager and 6-8 part time employees.
Good location, high traffic count, in highly populated area with long term lease. Residential population over 65,000. New location opened January 2011. Sales increasing rapidly with great potential for substantial growth.
Offered at only $59,000, including Equipment and TI's valued at $60,000, prepaid expenses approximately $3,000.
$60,000 down with owner carrying 1 year note for balance.
Leases premises with 5 + 5 term for 1,400 Sq. ft. @ $3,300/month Includes franchise transfer fee and training. Owner wishes to use sale proceeds to open other similar franchise locations and will sign non-compete within 5 miles. Buyer could also negotiate for multiple sites from the local master franchisor.
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:
Good location, high traffic count, in highly populated area with long term lease. Leases premises with 5 + 5 term for 1,400 Sq. ft. @ $3,300/month.
Price includes Equipment and TI's valued at $60,000, prepaid expenses approximately $3,000. Full complement of equipment including a 3 stack Impinger II Conveyor Oven- natural gas, 1 Type II Direct Draw Hood, and 1 Type I Direct Draw Hood both with new fire suppressors, and 2 Pitco 50lb Gas Fryer, 1 single door Merchandiser Refrigeration, 1 Reach in Freezer and 1 Fountain Top Ice Machine.
Training: 2 weeks on site training for 8 hours per day.
Reason for Selling:
Wants to expand using proceeds.
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.