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Successful Northern California Pizza Franchise - SC2190


Successful Northern California Pizza Franchise - SC2190

Financial Information
Asking Price: $199,000
Cash Flow: $90,000
Gross Revenue: $750,000
Down Payment: $100,000
Financing: Yes
 

This Northern California based Pizza Franchise is a C corporation and has been in operation for the past 7 years under current ownership. This franchise has been in operation for well over 50 years, making it one of the most established pizza franchise brands in California. Their comfortable indoor and outdoor dining areas offer a wide range of seating options (i.e. booths, tables, high-tops and bars). Ordering is fast and efficient whether you are dining in, taking out or having your meal delivered. Customers come to this location for the overall experience—to eat, socialize, have fun and enjoy their time with friends or family. Their team is trained and managed to provide the best in customer service and keep our customers coming back. They can accommodate parties, have catering, vegan and gluten-free options available and have a Type 41 Beer & Wine license. From a franchise perspective, they have low royalty and marketing fees, legacy brand with immense brand power and well-defined operational systems and processes to help you manage successfully. Their dough is rolled fresh daily, only premium grade meats and locally grown fresh produce are used and their pizza sauce uses fresh packed tomatoes – never canned or reconstituted. The new owner would be grandfathered into the old royalty fee structure at 2.75% versus the new royalty fee for built out stores that is 4-5%. Franchise transfer fee is only $5,000.

Business Location
City: Northern California
State: California

Financing Comments
Seller financing is available for up to 50% of the purchase price over 5 years at 8.99% interest. The amount financed will depend on the offered and the quality of the buyer.

Reason for Sale
Seller would like to pursue other interests.

Detailed information
Year Established: 2016
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 2
Part-Time Employees: 5
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: On request
Inventory Included: Yes
Inventory Value: $5,000
Monthly Rent: $8,900
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 3035
FF&E Included?: Yes
FF&E Value: $50,000

Training/Support
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. There is also training and support provided by the Franchisor, at a fee of $5,000.

Market Outlook/Competition
As of 2023, 73,333 Pizza Restaurants were operating in the United States, a 1% rise from 2022. The pizza market in the United States is expected to increase at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2032. Pizza shops generate $65 billion in revenue in the US and employ 884,000 people across more than 78,000 locations. Over the previous five years, which include the pandemic’s disruption, their revenues have increased by an average of 3% annually.

 

CA 02100708
NV 1003039



Listed By: Jane Roberto

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Background information

Reference:

SC2190

Year established:

2016

Reason selling:

Seller would like to pursue other interests.

Finance

Sales:

$750,000

Profits:

$90,000

Operations

Employees:

Full-Time Employees: 2 Part-Time Employees: 5 Contractors: N/A

Equipment:

FF&E Included?: Yes FF&E Value: $50,000

Inventory:

Inventory Included: Yes Inventory Value: $5,000

Furniture fixtures and equipment:

FF&E Included?: Yes FF&E Value: $50,000

Premises

Facility:

Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 3035

Square footage:

3035

Rent and lease terms:

Monthly Rent: $8,900

Location:

City: Northern California State: California

Opportunities

Growth:

The pizza market in the United States is expected to increase at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2032. Pizza shops generate $65 billion in revenue in the US and employ 884,000 people across more than 78,000 locations.

Market:

As of 2023, 73,333 Pizza Restaurants were operating in the United States, a 1% rise from 2022. The pizza market in the United States is expected to increase at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2032. Pizza shops generate $65 billion in revenue in the US and employ 884,000 people across more than 78,000 locations. Over the previous five years, which include the pandemic’s disruption, their revenues have increased by an average of 3% annually.

Price and terms

Price:

$199,500

Down payment:

$100,000

Financing:

Seller financing is not available at this time.

Training:

The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. There is also training and support provided by the Franchisor, at a fee of $5,000.