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1200 sq ft
Business occupies approximately ~1,200 SF in a busy strip mall on a busy road. Current monthly rent is approximately ~$2161.67 including NNN. The current lease expires approximately April 2020, with two 5-year options. The security Deposit is ~$2,000. The seller believes that the landlord is willing to offer a long-term lease to a qualified buyer. The layout is Front Lobby, office, M/F restroom, approx 8’x12’ walk-in, kitchen
The food service industry is very competitive. The local market has a range from small local mom & pop’s to large international pizza chains.
This is a strong location with excellent potential. A new owner can SUBSTANTIALLY grow the business and profits in several ways: 1) Advertising, 2) Distribute door hangars to neighboring homes, 3) Market to schools, booster groups, sports associations, 4) expand operating hours, 5) Build catering business with family-sized portions, 6) Internet marketing via Facebook, Constant Contact, Website, Yelp, …, 7) Continue to build on-line ordering from current levels
The seller wishes to ensure a seamless transition with a purchaser. The franchisor will provide general operations and management training as part of the franchise transfer fee. The seller will train a purchaser for 2 weeks included in the purchase price.
Price $120,000 ALL-CASH or $150k with $50K down & $100k seller-financing