Pizza

Verified

Franchise Pizzeria

Macomb County, Michigan
This business is an established exterior
Asking Price
$439,900
Established
1953
Franchise Units
13

Business Description

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!! Call Armen Nazarian Business Brokers Transfer/Training Fee: $5,000 / Royalty Fee: 9% based COGS / Advertising Fee: .25 per Box Training Period: 5-6 weeks locally

Ad#:2513204

Additional details: - Listing status: Active - Revenue: $874,365 - EBITDA: Not Disclosed - Cash flow: Not Disclosed - Reason for selling: Downsizing - Real estate: Leased - Building SF: 1,200 - Inventory: $10,000 Not included in asking price - Facilities: 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. - Franchise details: This business is an established franchise - Intermediary: Armen Nazarian · Armen Nazarian Business Brokers · 248-574-5726 - Source listing: https://www.bizbuysell.com/business-opportunity/franchise-pizzeria/2513204/

Franchise Location Macomb County, MI
Units 13

Training Provided

Seller will train Transfer/Training Fee: $5,000 / Royalty Fee: 9% based COGS / Advertising Fee: .25 per Box Training Period: 5-6 weeks locally

Support Provided

$439,900 with $180,000 down. 8% int., amortized over 120 mo, balloon due in 84 mo

Territory

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.

Franchise System Information

Number of Locations 13
Year Brand Established 1953

About the Franchise Brand

This business is an established — 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 p...

Semi-absentee ownership available.

Support to Franchise Owners

$439,900 with $180,000 down. 8% int., amortized over 120 mo, balloon due in 84 mo

Training Provided

Seller will train Transfer/Training Fee: $5,000 / Royalty Fee: 9% based COGS / Advertising Fee: .25 per Box Training Period: 5-6 weeks locally

The information in this listing has been provided by the business seller or representative stated above. Verified Franchise Resales has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.