List Price $650,000
This is your opportunity to invest in two established franchise units without paying royalties! Corporate has done the hard work for you by starting these two turnkey pizza restaurant franchise units from the ground up. Now established, cash-flowing, fully operational, and with staff and management in place, the franchisor is seeking to transition ownership to a new operator so they can focus on the core activity of brand expansion.
The franchisor is offering special incentives for a quick sale! First, the franchise fee for these two pizza restaurants are included in the asking price. Second, the franchisor is waiving royalties for these two units. Third, the list price is discounted below what it cost to build out and establish the two units.
These two wood-fired pizza restaurants feature a fast-casual service delivery model, modern brand, and on-trend buildout for an upscale dining experience.
Franchisor offers support systems, and training to franchisees. List price includes use of brand and recipes, use of leasehold buildout, franchise fees, furniture, fixtures, equipment. Two Class C liquor licenses and inventory are additional. Buyer should have relevant restaurant or management experience.
Real estate is leased from an unrelated party. Buyer to negotiate leases with landlord. Leased spaces are in newer retail centers with anchor stores along high-traffic corridors. Sites were chosen for walkability and quick in-out for customers. Attractive buildouts with kitchen space, hooded wood fire ovens, and patron seating areas both indoors and outdoors.
Competition: The restaurant industry continues to evolve to leverage technical advances,changing consumer preferences, and economic conditions.
Growth & Expansion: Huge expansion potential for buyer with interest in starting new pizza restaurant franchises.
Support & Training: Ongoing support and training are available from franchisor along with systems, recipes, and brand assets. Contact listing agent for details.
Reason for Selling: Owner wants to pursue brand expansion of the franchise brand.
Revenue: $2,327,800
SDE: $216,000
CONTACT US for an NDA for more information. Thrive Acquisition is a member of IBBA and MBBA.
Thinking about whether or not you are ready to exit is an important question. It’s something that every business owner will have to address at some point. Importantly, you don’t want to wait until the 11th hour to prepare to sell your business. There are far too many pieces in this particular puzzle to wait until the last minute. You’ll want to begin the process sooner by asking yourself some key questions.
Thrive Acquisition represents a financial buyer seeking to acquire a company with a minimum of $500k EBITDA. Buyer has professional experience in systems and technologies for various industries including manufacturing and health care and is seeking a business enterprise that he can bring to next-level performance. Contact Us for more information.
Business acquisitions are red hot, and all kinds of businesses are being snapped up. Some people are under the impression that only large businesses are being acquired, but this is far from the reality of the situation. It would surprise many to learn that so much of the “action” is, in fact, small businesses buying other small businesses.
In his Forbes article, “Take Advantage of the Golden Age of Business Acquisitions,” author Christopher Hurn explores the true state of the “acquisitions game.” His conclusions are quite interesting. In Hurn’s opinion, there has never been a more active time in the realm of business acquisitions.
