File Number-#0837 | Location-Saginaw County, MI | Gross Sales-$1,500,000 | Cash Flow-TBD | Business Price-$499,000 | Down Payment-$150,000 | Monthly Payment-$4,234.33 | Interest Rate/Amortization-8% int., amortized over 120 months | License Required-Sales, Food, Franchise, Class C Liquor License | Inventory Value-$50,000 | Employees Full Time-20 | Employees Part Time-15 | Date Established-2015 | Hours of Operation-7 Days 11am-10pm | Rent-$12,500 Gross | Lease Period-New Lease Required | Reason for Sale-Absentee Owner / Other Business Interest
This is a great opportunity to own a worldwide brand, Franchise Pizzeria & Grill in Saginaw County. Established in 2015, this pizzeria is located on a highly traveled road with plenty of residential, commercial properties in the surrounding areas. All equipment is in excellent condition and serviced/maintained regularly! Build-out cost was in excess of $1.4M! Menu consists of: Chicago Deep Dish Pizza, Detroit Style Pizza, Steak, Chicken, Seafood, Pasta, Burgers, Sandwiches, Salads, Appetizers, Dessert and more. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding catering, corporate & school accounts, cater to surrounding hotels, joining the Chamber of Commerce and community involvement, you have HUGE potential to the already steady gross sales. New owner can keep the existing franchise or breakaway and bring your own concept. A must see/must have business that will not disappoint! Turn-key operation only needing a new owner/operator. Seller will entertain all reasonable offers!!
Royalty Fee: 5% Advertising Fee: 3% Training: 6-10 weeks
