High Volume Pizza Restaurant for Sale!

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Asking Price:$700,000
Inventory:$15,000
FF&E:$150,000
Gross Revenue:$1,700,000
Rent:$4,200/Month
Established Year:2019
BUSINESS DESCRIPTION

Great Location!

We are offering an established 3,400 sq ft franchised pizza restaurant for sale in Lake County, IL. The brand is strong and growing quickly. This business is a great value compared to building a new location. The average sales for this location is ~$1.7M over the past 3 years and is on track to do the same this year. This location is currently absentee owned and could be a great opportunity for an owner operator. The location of this unit is great! The landlord may be willing to entertain an offer from a qualified buyer to purchase the real estate.


DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,400
Lease Expiration
31/12/2028
Employees
35
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facility was refurbished in 2019
Competition
Location competes with most common pizza chains
Growth & Expansion
There are opportunities for growth, can discuss more
Financing
no financing available
Support & Training
Franchisor offers a 12 week training program to help you learn to run your business
Reason for Selling
Life changes
Franchise
This business is an established franchise
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