Successful Northern Nevada Pizza Franchise - SC2179
Asking Price: | $589,000 |
Gross Revenue: | $675,000 |
Rent: | $3,400/Month |
FF&E: | $120,000 |
Cash Flow: | $215,000 |
Inventory: | $8,000 |
EBITDA: | $185,000 |
Established Year: | 2015 |
Profitable & Popular, Successful Northern Nevada Pizza Franchise - SC2179
Successful Northern Nevada Pizza Franchise - SC2179
Financial Information
Asking Price: $589,000
Cash Flow: $215,000
Gross Revenue: $675,000
Down Payment: $300,000
This Northern Nevada based Pizza Franchise is a Sub-Chapter S corporation and has been in operation for the past 9 years under current ownership. This franchise is one of the most popular in the area, allowing the creation of your own pizzas, including gluten free, and delivery available as well. They have partnered with Slice since 2017. This franchise is known for offering high-quality, gourmet pizza that is hard to find in other places. Their dough is made fresh every day. This ensures that your pizza will have the most flavorful and freshest crust out there. They use 100% whole milk mozzarella cheese at this location, every day. You will find the highest quality toppings on their pizzas from names you know and trust like Tyson and Hormel. They have a secret blend of herbs and spices that is added to vine-ripened, fresh-packed tomatoes that are grown in the valley of sunny Central California. This franchise offers deals to meet every budget. They also are on the cutting edge of the technology in the pizza industry. It’s not just pizza, but also wings, salads, desserts, etc.
Business Location
City: Reno
State: Nevada
Reason for Sale
The reason for selling is the Seller would like to pursue other interests.
Detailed information
Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 2
Part-Time Employees: 6
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $185,000
Inventory Included: Yes
Inventory Value: $8,000
Monthly Rent: $3,400
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 1700
FF&E Included?: Yes
FF&E Value: $120,000
Training/Support
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. There is also training, and support provided by the Franchisor.
Market Outlook/Competition
In the US, the pizza business is a significant sector of the restaurant business. Sales of the well-liked Italian meal have increased over the previous ten years due to customers’ options to order takeaway, arrange for delivery, or dine in. Pizza shops generate $65 billion in revenue in the US and employ 884,000 people across more than 78,000 locations. Over the previous five years, which include the pandemic’s disruption, their revenues have increased by an average of 3% annually.
CA 02100708
NV 1003039