Business For Sale

Price Reduced on this Pizza Franchise for Sale

Not Disclosed, CO
Denver County


Asking Price: Annual Revenue:
$289,900 $878,532

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Price Reduced on this Pizza Franchise for Sale Broker: John Kesterson

Quick Facts

Asking Price: $289,900
Annual Revenue: $878,532
Net Profit: Not Disclosed
Cash Flow: $74,328
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 22
BBN Listing #: 56268096
Broker Reference #: 5888

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Business Overview:

Price significantly reduced! This pizza franchise for sale features a bar and is located in an upscale area and is doing sales of almost $900K per year in 2017. The owner is taking home over $76,000 in the first half of 2018! Bring your offers today!

This pizza franchise for sale is located in a thriving residential community with continued growth featuring a high-rent 350-unit apartment complex, which is just now starting to lease their spaces only one block away. Additional apartments are directly above and across the street from the establishment as well! This is the only Denver (city proper) neighborhood that is still expanding its number of single family residences. Other areas are replacing homes but this one is still creating them! Residents in this community have twice the median household income, on average, of others in the Denver metro area!

Gross sales were just under $900K in 2017, and profits from January-June of 2018 are over $76,000 at this pizza franchise for sale offered by the Restaurant Brokers. The absentee owners hope to see an owner/operator purchase this pizza franchise for sale and take it to the next level. Recently remodeled, this establishment boasts over 1,650 inside square feet with seating for 40, and approximately 300 additional square feet of beautiful outdoor seating for 20. The remodel was tastefully done and, at that time, a separate bar area was built and a full hotel/restaurant liquor license was acquired! Total rent expense is only $5,000 a month (just under 7 percent of gross sales). Opportunity abounds at this location!

The front of the house in this pizza franchise for sale is well furnished and beautifully decorated. The establishment is outfitted with three state-of-the art NCR-Aloha touchscreen POS terminals as well. Additional front of the house equipment includes a beverage and dessert cooler, manager’s work-station, music/entertainment system, security system with remote access, Beverage Air glass front 2-door bottled beer cooler, Micro-Matic dual zone 4-tap wine dispensing cooler unit, 4-tap beer dispensing cooler unit and a Coke Freestyle Machine with 120 different beverage options along with a Scotsman ice maker.

The current menu at this pizza franchise for sale consists of hand tossed stone-hearth pies, freshly made salads, premium pasta dishes, Italian subs and sandwiches, chicken wings, additional appetizers, desserts, and a fully-stocked bar for any alcoholic beverage you could imagine! This pizza franchise for sale has incredibly solid books. The establishment has been in business for 14 years at this location and will be SBA eligible for qualified buyers. Royalties are only six percent!

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Property Features and Assets:

• Beverage/dessert cooler display unit • Beverage Air 2-door glass front reach in cooler • 4-Tap wine dispensing cooler unit • 4-Tap 3-door draft beer cooler unit • Two True 2-door sandwich board cooler unit • True 2-door reach in cooler unit • True 3-door reach in cooler unit • Scotsman Prodigy ice maker • Turbo-Chef Sota micro/convection fast cook oven • Nemco portable steam table • True 2-door standup reach-in freezer • True 1-door standup reach-in freezer • 2 Amana microwave ovens • Hobart 60qt. floor mixer • True 2-door standup reach-in refrigerator • True 3-door standup reach-in refrigerator • 1 One door glass front beverage display cooler • 2 Double-stack Blodgett pizza ovens • 2 door floor safe • 2 Flat-panel televisions • 3 NCR-Aloha POS terminals • 5 receipt printers • Back office NCR-Aloha server • Security system with remote access • 7 patio tables • 20 patio chairs • 20 indoor chairs • 10 indoor tables • 5 bar stools • 2 Highchairs • Miscellaneous shelving units • Miscellaneous small wares

Market Competition and Expansion:

National retail, corporate restaurant chains, national financial institutions

Reason for Selling:

Other

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.

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