High volume franchise pizzeria located in Oakland County. The owner of this location has been absentee for the past two years and is ready to move on. Sales for 2016 were $800,139.20 with a cash flow of $117,985.45. Based on tax returns this business is pre-approved for a SBA loan for qualified buyers only.
Cash Flow: $117,985
Gross Revenue: $800,139
Lease Rate: N/A / SF / Month
Inventory: Not included in asking price
Real Estate: Leased
Building SF: 1,000
Lease Expiration: 12/31/2018
Facilities: Turn-key pizza restaurant in 1000 sqft unit that is part of a busy shopping plaza. Plenty of room for parking.
Competition: There are many other pizza restaurants in the area, but this one has been around for over 15 years and sales remain very strong.
Support & Training: Franchise will train for 4 to 6 weeks depending on experience. Seller will train for 4 weeks at no additional charge.
Reason for Selling: Other Business Interest