$2,500,000
Pizza Restaurant
- Status: Available
- Price: $225,000
Houmehr 'Mike' Panoussi
- License No:
- DRE #01853627
- Email:
- mike@lbaweb.com
- Office:
- 616-816-1141
- Mobile:
- 661-816-1141
Description
Papa Johns pizza franchise business for sale is located in Los Angeles County. The store is located on a major street, in a prime location and large shopping center. Papa Johns is the third largest take-out and pizza delivery restaurant chain and ranked #1 in customer satisfaction and product quality. The potential buyer will need approval from the franchisor and successfully completing their training program. The seller has invested in new equipment and staff. Gross sales are about $12,000 to $13,000 per week. The payroll cost is about $2,151/week. There are 10 part-time employees. Food cost is roughly 27%. Net is about $5,800/m. Rent is $5,400 inc NNN. 3-year lease plus 10-year option upon landlord approval. Please do not speak with anyone at this location!!!
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
Year Purchased:
Business Type:
Pizza Restaurant
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:
6406
Date Available:
02/08/2023
Reason For Sale:
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 5,400
- Lease Expires:
- 2026
- Lease Option:
- 1x10 years
- NNN:
- Included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
RELATED PROPERTIES
$2,500,000
$150,000
$900,000