Successful Northern Nevada Pizza Franchise - SC2179

Financial Information
Asking Price: $589,000
Cash Flow: $215,000
Gross Revenue: $675,000
Down Payment: $300,000

This Northern Nevada based Pizza Franchise is a Sub-Chapter S corporation and has been in operation for the past 9 years under current ownership. This franchise is one of the most popular in the area, allowing the creation of your own pizzas, including gluten free, and delivery available as well. They have partnered with Slice since 2017. This franchise is known for offering high-quality, gourmet pizza that is hard to find in other places. Their dough is made fresh every day. This ensures that your pizza will have the most flavorful and freshest crust out there. They use 100% whole milk mozzarella cheese at this location, every day. You will find the highest quality toppings on their pizzas from names you know and trust like Tyson and Hormel. They have a secret blend of herbs and spices that is added to vine-ripened, fresh-packed tomatoes that are grown in the valley of sunny Central California. This franchise offers deals to meet every budget. They also are on the cutting edge of the technology in the pizza industry. It’s not just pizza, but also wings, salads, desserts, etc.

Business Location
City: Reno
State: Nevada

Reason for Sale
The reason for selling is the Seller would like to pursue other interests.

Detailed information
Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 2
Part-Time Employees: 6
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $185,000
Inventory Included: Yes
Inventory Value: $8,000
Monthly Rent: $3,400
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 1700
FF&E Included?: Yes
FF&E Value: $120,000

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.

Market Outlook/Competition
In the US, the pizza business is a significant sector of the restaurant business. Sales of the well-liked Italian meal have increased over the previous ten years due to customers’ options to order takeaway, arrange for delivery, or dine in. 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

Background information

Reference:

SC2179

Year established:

2015

Reason selling:

The reason for selling is the Seller would like to pursue other interests.

Finance

Sales:

$675,000

Profits:

$215,000

Operations

Employees:

Full-Time Employees: 2 Part-Time Employees: 6 Contractors: N/A

Equipment:

FF&E Included?: Yes FF&E Value: $120,000

Inventory:

Inventory Included: Yes Inventory Value: $8,000

Furniture fixtures and equipment:

FF&E Included?: Yes FF&E Value: $120,000

Premises

Facility:

Real Estate Available: No Real Estate Included: No Real Estate Value: N/A

Square footage:

1700

Rent and lease terms:

Monthly Rent: $3,400

Location:

Business Location City: Reno State: Nevada

Opportunities

Growth:

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.

Market:

In the US, the pizza business is a significant sector of the restaurant business. Sales of the well-liked Italian meal have increased over the previous ten years due to customers’ options to order takeaway, arrange for delivery, or dine in. 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:

$589,000

Down payment:

$300,000

Financing:

The Seller is willing to carry a promissory note for up to 50% of the purchase price over a 5-year period at 10% interest. The amount financed will depend on the offered purchase price and the quality of the Buyer.

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.