Papa Murphy's Pizza, Fresno $60,000 Dn. Owner finance won't last !!
Fresno, CA
| Asking Price: | $175,000 |
| Gross Revenue: | $481,689 |
| FF&E: | $80,000 |
| Cash Flow: | $82,108 |
| Inventory: | $3,000 |
| Established Year: | 2013 |
Listing ID: 2216585Listing provided by BizBuySell
BUSINESS DESCRIPTION
Well established Papa Murphy's Franchise. Clean Throughout. Absentee owner lives in the Bay area. THIS STORE NEEDS AN OWNER/OPERATOR FOR IT TO GROW. It's in a great neighborhood with hundreds of homes and commercial activity. The "Take & Bake" concept continues to attract new customers. In order to get the annual sales well past the $500,000 mark the owner needs to be involved in the community going to visit schools, athletic clubs, local churches, Police, Sheriffs, Firefighters, etc. with product in hand.
DETAILED INFORMATION
Location
Fresno, CA
Inventory
Included in asking price
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The store is approx. 1,200 sq. ft.. To set up a new store it will cost approx. $325,000 plus the franchise fee of $25,000. The fixtures/equipment alone run about $80,000.
Competition
Papa Murphy's does very well in an uncertain economy. Family's tend to flock to a Papa Murphy's store when $$ gets tight because of the product value compared to all full service pizza stores.
Growth & Expansion
As mentioned previously, this store is best sold to an owner/operator who is willing to buy himself a job and turn it into an investment with hard work and managing $$ and people welll.
Financing
Seller is asking $60,000 down with owner financing
Support & Training
Franchisor will require the buyer to go through 4 weeks of training (most likely, not guaranteed) in the Fresno area. Franchisor will require the buyer to pay a transfer fee of $5,000. Training and support is an ongoing process.
Reason for Selling
Seller owns 12 locations of 3 different brands. He feels this store is more suit
Franchise
This business is an established franchise
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