SD Pizza & Chicken-80% Seller Financing
Not Disclosed, SD Lake County
Rapid City SD Area
Seller's Contact Information
- RE: SD Pizza & Chicken-80% Seller Financing
- Contact: Bryan Mulder
Quick Facts
| Asking Price: | $249,000 | |
| Annual Revenue: | $917,363 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $187,423 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 26,447 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 30 | |
| BBN Listing #: | 18244955 | |
| Broker Reference #: | 5401-17389 |
Business Overview:
Established in 2016, this restaurant has enjoyed steady growth. Sales did peak during Covid as this restaurant soared in to-go and delivery sales in 2021. 2022 sales are a little shy of 2021 sales, but 2022 is trending up to almost match 2020 sales. This business thrived during Covid and continues to engrave its great reputation in the community. This business is a prime opportunity for a new owner who has the desire to 'control one's destiny.'
As a franchisee, a new owner will have the support of the franchisor and have the luxury of taking advantage in areas such as training, purchasing power and economies of scale, name recognition, corporate marketing, corporate innovation, etc. Sales have continued to be strong even after the Covid 'peak.' Services offered include dine-in, to-go, delivery and catering. SELLER FINANCING may be available for the right buyer with an acceptable amount down.
Business hours are seasonal, and the number of staff will vary depending on the time of year.
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Property Features and Assets:
The facilities are adequate for current and future needs. Assets - $26,447
Market Competition and Expansion:
In this market, the competition can be described as mature. This business's offering does provide a competitive niche as well as a prime location. This location has room to grow. A focused operator who is coachable and trainable can certainly take what the franchisor provides and continue to build upon what has been established.
Reason for Selling:
Looking to reinvest elsewhere, closer to home.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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