Round Table - California

San Mateo County, CA
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Sale Pending
Asking Price:$550,000
Gross Revenue:$1,442,480
EBITDA:$155,112
Established Year:1959
Cash Flow:$155,112
Inventory:$12,000
FF&E:$135,000
BUSINESS DESCRIPTION

Rent is $5K/mo through 2024! Round Table Pizza is the fifth largest pizza chain in the US with over 500 restaurants in nine western states and abroad. Headquartered in Concord, CA, 80% of Round Table restaurants are franchised. Restaurant management experience, good credit and $500K net worth with $200K liquid required.


DETAILED INFORMATION
Location
San Mateo County, CA
Inventory
Not Included in asking price
Employees
22
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Recently remodeled. Plenty of seating and parking spaces. All equipment to be in good working condition prior to change over.
Competition
Longstanding, established location. Great reviews and loyal customer base. Includes territory rights.
Growth & Expansion
Growth in brand via new development or acquisition of existing units.
Support & Training
Rent is $5k throughout 2024. Franchisor offers 1 month of training.
Reason for Selling
Other business interests
Franchise
This business is an established franchise
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Emily
Burns
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Emily Burns