File Number-#0814 | Location-Macomb County, MI | Gross Sales-$874,365 | Cash Flow-TBD | Business Price-$439,900 | Down Payment-$180,000 | Monthly Payment-$3,153.30 | Interest Rate/Amortization-8% int., amortized over 120 months, balloon due in 84 months | License Required-Sales, Food, Franchise | Inventory Value-$10,000 | Employees Full Time-3 | Employees Part Time-10 | Date Established-1953 | Hours of Operation-Mon-Thu 11am-9pm / Fri-Sat 11am-10pm / Sun 12pm-9pm | Rent-$2,050 Gross & $1,325 Gross | Lease Period-New Lease Required | Reason for Sale-Downsizing
GREAT OPPORTUNITY TO OWN PART OF DETROIT PIZZA HISTORY! This is a great opportunity to own a long-established, well-known Detroit Franchise Pizza Chain that includes corporate headquarters and (2) corporate stores in the sale. Additionally, there are (4) existing franchisees in place with so much more growth potential to expand the brand with a new owner/operator and operations team in place. All legal Franchise Documentation (FDD, Franchise Agreement, Operations Manual, Registrations, Etc.) are in place and ready for a huge expansion of the brand recognition. All existing pizzerias are located on highly traveled roads surrounded by plenty of residential and commercial properties. All equipment is in excellent condition and regularly maintained. Only the freshest ingredients are used in the daily preparation of all menu items. Great food!! Menu consists of: Pizza, Specialty Pizza, Gluten Free Pizza, Salads, Bread, Subs, Calzones, Wings, Sides Dessert and so much more. Current owner does minimal advertising and runs the company semi-absentee…a new owner/operator with some creative advertising/marketing along with promoting additional franchise locations, expand locally/nationally, expand menu and community involvement, you have HUGE potential. A must see/must have business that will not disappoint with endless opportunities! Seller will train entertain all reasonable offers!!
Transfer/Training Fee: $5,000 / Royalty Fee: 9% based COGS / Advertising Fee: .25 per Box Training Period: 5-6 weeks locally
