Listing Number: 3301-580128
Rare opportunity to acquire an established pizza franchise in a food court of one of the top grossing shopping malls.
The business has a well-trained and knowledgeable staff.
There are several ordering options targeting different sales funnels: in person, by phone, via app, online and through partners.
Delivery option via partners.
The business comes with pre-paid franchise fees on a 2nd location (the exact location to be determined together with franchisor).
The asking price includes over $400k in assets value.
There is bank financing of approx. $240k that could be assumed by a qualified buyer - thus lowering cash required to close. Or a buyer can arrange a new financing taking advantage of a small business loan.
The current owner will work on a smooth transition.
Opportunities to grow current location’s sales and to open a 2nd location.
CIM will be made available only to qualified buyers with an executed NDA.
- Price: $ 550,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 135,000
- Total Sales: $ 820,000
- Location: Toronto Division, Ontario
- Inventory: $ 0
- FF&E: $ 0
- Reason for Selling: Owner engaged in another bigger venture
- Category: Food Business Retail,Restaurants