Multi Unit Franchisee Pizza Business with revenue streams from seven existing locations. The business owns and operates four profitable locations which have annuals sales revenue in excess of $2.3 million. In addition the business has Area Developer Rights for the franchise in East Tennessee. As the Area Developer the business has sold 5 franchises in the territory and realizes ongoing monthly royalty residual income based upon the sales volume of each location. With the existing nine stores open in the territory the monthly royalty income exceeds $9,000 per month!
There is plenty of opportunity to increase the number of locations within the East Tennessee Territory. Contact broker for details now on this successful business that enjoys multiple cash streams while still having plenty of remaining potential left for the new owner.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO CART button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This business is a multi unit franchisee. It has four restaurants that are in leased buildings in great locations. The restaurants are fully equipped and offer their products thru delivery, takeout and dine-in.
FF&E of $750,000 + Inventory of $19,000 is included in the asking price.
In addition to the support provided by the Franchisor the seller will provide 4 weeks of support and training.
Market Competition and Expansion:
This franchise has a strong presence in the local area and has a great reputation for the quality and freshness of its products. In addition to its signature Pizzas the menu includes hoagies, pasta, salads, chicken wings and appetizers. The business is a franchisee that is part of a well established franchise which has 76 locations operating in seven states.
There are multiple ways to grow this business. The business can be grown thru the new owner opening additional locations as an owner operator. Additionally as the Franchise Area Developer the new owner can sell franchises in the East Tennessee Territory and realize an ongoing royalty residual stream generated from the franchised stores in the territory.
Reason for Selling:
Other Business Interests.
- 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.