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Franchise Pizza Delivery, High Growth Area!
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Franchise pizza delivery establishment available for immediate purchase in an affluent, high growth area of Collin County. The restaurant was purchased by the current ownership in 2019, the main reason being that they truly loved the pizza and the franchise. Recently, other business interests are taking their time and attention and need to sell. Over the past 2 years, they have increased overall sales volume, a new owner-operator will have the opportunity to continue the positive trend and expand upon it. Besides hand tossed, freshly baked pizza, other menu offerings include bone-in and boneless wings, chicken nuggets, pastas, bread sticks, salads and desserts.
The acquisition price for a qualified buyer includes the FF&E, franchise fee, saleable inventory and customer database. The current lease expires on September 30, 2021 and a qualified buyer has the opportunity to negotiate a new lease with the landlord. In addition, any deal will be contingent on franchisor and landlord approval.
Listed By: Aaron Evans
Background information
Reference:
TR1038
Year established:
2016
Reason selling:
Other Business Interests
Finance
Sales:
$219,465
Profits:
$42,000
Operations
Employees:
4
Equipment:
N/A
Premises
Facility:
The business is located in a 1,400 square foot, fully furnished, end cap space in a mixed used retail center. The center is located off a major state highway in a high growth area in North Texas. Adjacent to the space is a new built covered patio with picnic tables, increasing the seating capacity. Furthermore, there are many professional service businesses, healthcare, and retail establishments located nearby.
Rent and lease terms:
$2,360 per Month
Location:
Collin County, TX
Opportunities
Growth:
The restaurant has over 8,000 customers in their database so there is opportunity to grow the business through direct mail, daily specials, coupons and local engagement. Median age of the community is 33 years old, on average 3 people per household with an average income of $81,799. Target marketing to a diverse young local community who enjoy delivered pizza can increase the overall sales and profitability. The franchisor provides some marketing, but a new owner can also take a hyper focused approach locally.
Price and terms
Price:
$45,000
Training:
Seller willing to provide adequate training to ensure a smooth transition. Terms are negotiable.