Little Caesars - Sycamore IL
Sycamore, IL
| Asking Price: | $375,000 |
| Established Year: | 2013 |
| Rent: | $1,991/Month |
Listing ID: 2087020Listing provided by BizBuySell
BUSINESS DESCRIPTION
Profitable store, sales up year over year!
Per Franchisor regulations, Buyer needs to contact agent and complete non-disclosure agreement and personal financial statement prior to receiving sales and cash flow information. Little Caesars is one of the largest and fastest the growing pizza carry-out chains in the world with restaurants on five continents. Franchisor requires a minimum of 700 credit score, $350,000 net worth or 70% of purchase price, whichever is higher with $150,000 liquid cash or 20% of purchase price, whichever is higher. IRA and 401K not acceptable as liquid, only items that can be liquidated within 24 hours. Restaurant experience is preferred.
DETAILED INFORMATION
Location
Sycamore, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Employees
4
Facilities
All FF&E to be in good working condition prior to change over. Buyer will have opportunity to inspect prior to close of escrow. For more information visit www.franbiznetwork.com and register. Remodel complete 2024.
Competition
Located on the Northwest corner of Peace Road and Route 23 in Sycamore. Location is directly across from the 280,000 s.f. Jewel-Anchored Sycamore Community Center. The center offers roadside visibility, ample parking, and easy access in a commercial area surrounded by extensive residential expansion.
Competiton includes Slow Smoke BBQ, Caseys Pizza. Minimum wage in IL is $13/hr
Growth & Expansion
Growth in brand via new development and/or acquisition of existing units. For further detailed information please visit www.franbiznetwork.com and register
Financing
Financing available thru SBA and conventional lenders.
Support & Training
Franchisor has a training program that consists of 8 Weeks of On-the-Job Training. 1st week is in Detroit MI and the remaining weeks will be held at an approved Little Caesars location.
Reason for Selling
Retiring
Franchise
This business is an established franchise
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