$2,500,000
Franchise Pizza Place
- Status: Pending
- Price: $275,000
Houmehr 'Mike' Panoussi
- License No:
- DRE #01853627
- Email:
- mike@lbaweb.com
- Office:
- 661-816-1141
- Mobile:
- 661-816-1141
Description
The store is located on a major Street, in a prime corner Location and shopping center. PAPA JOHNS is the third largest take-out and Pizza delivery Restaurant Chain and ranked #1 in customer satisfaction and product quality. Potential buyer will need approval from Franchisor and successfully completeĀ their training program. The seller has invested in new equipment and staff.
Gross sales are about $20,000 to $23,000 per week .
Payroll cost about $3,050/week 16%. 10 x part Time employees
Food Cost Roughly 29%
Net about $9,000 per month
Rent is $6,500 including NNN.
3 x years lease plus 10 year option upon Landlord Approval.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Franchise Pizza Place
License(s) Required:
Business, Health
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
Yes
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6404
Date Available:
01/31/2023
Reason For Sale:
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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