Profitable & Growing National Pizza Franchise

Denver, CO
Denver County

Greenwood Village


Asking Price: Annual Revenue:
$375,000 $844,651

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable & Growing National Pizza Franchise Broker: Tracey Eatherton

Quick Facts

Asking Price: $375,000
Annual Revenue: $844,651
Net Profit: Not Disclosed
Cash Flow: $155,331
Total Debt: Not Disclosed
FF&E: $140,000
Real Estate: Not Disclosed
Year Established: 2021
Employees: 8
BBN Listing #: 155708
Broker Reference #: 5540

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Business Overview:

This is a unique opportunity to purchase a newly established (opened June of 2021) unit of a well-established and highly successful national pizza franchise at a discount of over $100,000 off what you’d pay to acquire a new franchise. Of course, if you bought a new franchise, you’d also have to wait 12-18 months before opening, during which time, you would find a location, complete the buildout, buy and install equipment, hire and train staff, etc. All the hard work to get started is already done! This franchised unit is running full tilt and was profitable after 6 months! This is a very modern and well-designed restaurant focusing exclusively on the take-out and delivery segments. All equipment is state of the art and is less than a year old. The FF&E equipment was valued at over $160,000 when purchased less than a year ago. This restaurant is located minutes from a major highway near a busy intersection in a heavily populated area. The large shopping center in which it’s located enjoys heavy traffic and is anchored by a large grocery store chain and several other long-term tenants. The total rent is very affordable at only $2,912 per month (including triple net charges). Franchises provide a great opportunity for new business owners, and well-established franchises like this one can be significantly less risky than starting your own business. This particular franchise company has been selling franchises for 40 years and has systems, processes, and supplier relationships that have been consistently proven and improved over time across its several hundred franchised units. SBA financing is available to qualified buyers. The revenue and cash flow numbers above are based on the average Hungry Howie’s franchise unit in its first full calendar year of operation. Specific numbers for this franchise are available upon request.

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Property Features and Assets:

The franchise operates out of a 1,280 sq ft leased space located in the Denver Metro Area. The facility is minutes away from a major highway and is located near a busy intersection.

Market Competition and Expansion:

With over 45 years of experience, Hungry Howie’s is consistently ranked as one of the top pizza franchises in the nation and has well over 500 locations in 21 states. Hungry Howie’s has a solid franchise system and is ranked #11 in U.S. pizza sales. Average unit revenue was up +15.6% in 2020, and Hungry Howie’s is #148 on the 2020 Franchise Times Top 200 List. This franchise focuses exclusively on the lucrative delivery and takeout markets, which saves space, labor costs, and normal restaurant headaches. Their state of the art online ordering system receives over 15 million visits annually, and online sales were up almost 30% in 2020. The future is bright for Hungry Howie’s and for this particular franchised unit. Both the US pizza market and the state of Colorado continue to grow, which should continue to drive the prosperity of this business. Another great thing about franchises is how easy the system is to duplicate for other stores once you’ve learned the concept. Hungry Howie’s is relatively new to Colorado, with 2 of the 4 existing franchised units having opened in the past year. This is an opportunity to not only step into an immediately profitable franchise, but also the possibility of opening additional units in other highly desirable locations while they are still available.

Reason for Selling:

Moving Out Of State

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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