Established Pizza And Italian Franchise Restaurant
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $422904
Net Profit / Cash Flow $40548
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2005
Number of Employees 10 - 19
Inventory $120,000.
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 30 day familiarization period.
Reason for Sale Retiring and other interests.
Description PRICE REDUCED - MUST SELL. Would you like to own and operate a new franchise restaurant with an existing customer base without all of the start-up frustrations associated with opening a new restaurant? Well then you must see this turn-key Italian franchise restaurant business ideally located in a charming area of an Ohio town. You can now own this business for a fraction of what has been invested into this wonderful business. 2 year old business offering 50 customer seating, carryout counter, catering and delivery services. Huge menu offering cook to order Italian dishes and Chicago style pizzas. Over $300,000 has already been invested by current owner towards new leasehold improvements, modern restaurant and office equipment, and furniture and fixtures. Located in a newly refurbished building with two distinct areas offering in-house seating and carryout service. Full service kitchen, comfortable seating, wall mural paintings, game room area for the children, new clean building structure with nice facilities, huge menu, carryout and order counter separate from dining area are several of the reasons customers find this business a wonderful place to dine. Business franchise can be discounted to new owner and there will be training offered by the franchisor and the current owner(s). Sales have increased each year and the business is positioned for substantial growth. Current owners only work in the business part time and a fully trained staff can handle all the cooking, order taking and management of the store. More income could be realized if the new owner or family members are willing to work in the business full time. Most of the existing business has come from word of mouth or local advertising in local flyers. Increased advertising should bring additional sales. Adding a license to sell beer and wine may also allow buyer to increase sales and profitability substantially. Existing lease is under $3,500 per month. Contact Dave Kueker at 513-318-4551 for info.
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