Franchise Pizza and Chicken Buffet Restaurant

Not Disclosed, ND

Midwest


Asking Price: Annual Revenue:
$440,000 $881,935

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Franchise Pizza and Chicken Buffet Restaurant Broker: Brad Dostal

Quick Facts

Asking Price: $440,000
Annual Revenue: $881,935
Net Profit: Not Disclosed
Cash Flow: $54,587
Total Debt: Not Disclosed
FF&E: $173,135
Real Estate: Not Disclosed
Year Established: 2001
Employees: 15
BBN Listing #: 468235915
Broker Reference #: 2927

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Business Overview:

This franchise pizza and chicken buffet restaurant is located on a major intersection of the two busiest highways in this North Dakota tourist town. The business offers a variety of high-quality food and beverages that can be conveniently purchased online, enjoyed by in-person dining at the restaurant, or received through a reliable delivery service. The business serves both a lunch and evening dinner buffet to patrons including busy workers, local residents, daily commuters, and nearby college students. The area is also well known for its heavy recreational draw due to its close proximity to a major lake. Large youth sporting events also generate significant customer traffic.

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Property Features and Assets:

This business occupies nearly 6,000 square feet of space in a stand-alone commercial building on a heavily traveled street. The building has indoor seating for 165 customers including a Community Room with seating for 40. In 2018, nearly $500,000 was spent to complete an extensive remodel which included updating the front-of-house furnishings with new décor and seating throughout. New signage was also installed including a 40 foot outdoor sign along the busiest intersection in the area.

Market Competition and Expansion:

Due to the large size of the facility as well as the capacity of the kitchen, the business can support local community-impact events to increase both public exposure and overall profitability. This location could increase revenue by strengthening catering relationships with nearby schools and businesses. A targeted advertising campaign to local homes, businesses and schools placing an emphasis on mobile app orders and delivery could also increase business.

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.

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