Franchise Pizza/Sub Shop

Oakland County, MI

Seller Financing Available

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Asking Price:$115,000
Inventory:$5,000
Established Year:2000
Gross Revenue:$350,000
Rent:$2,300/Month
BUSINESS DESCRIPTION

This is a great opportunity to own an established Franchise Pizzeria/Sub Shop Combo Store in Oakland County. Located on a highly traveled road, this Pizzeria is surrounded by plenty of residential and commercial properties along with national retail chain outlets. All equipment/fixtures are in excellent condition and serviced/maintained regularly! Full menu, great food! Current owner does no advertising…a new owner/operator along with some creative advertising/marketing, adding corporate/school accounts, community involvement and adding catering, you have HUGE potential. Prior sales used to be around $600,000 as an owner/operator but currently being run as a corporate store. Turn-Key operation only needing a new owner/operator to get back to previous sales figures! A must see/must have business that will not last long with so much more room to grow. Corporate is entertaining all reasonable offers! Call Armen Nazarian Business Brokers
Transfer fee: $5,000 Royalties: 5% Advertising Fee: 5%
Training: 4 weeks locally


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,100
Employees
6
Facilities
All equipment/fixtures are in excellent condition and serviced/maintained regularly! Full menu, great food!
Growth & Expansion
Current owner does no advertising…a new owner/operator along with some creative advertising/marketing, adding corporate/school accounts, community involvement and adding catering, you have HUGE potential.
Financing
$115,000 with $65,00 down. 8% int., amortized over 60 months
Support & Training
seller will train
Reason for Selling
Corporate Store
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Armen Nazarian