Relocation of Flagship Store of International Pizza Franchise for sale

Business description

This internationally successful franchised restaurant concept has built their success by providing a variety of fresh Italian-style dishes made the traditional way using age old recipes. The founder of the Franchise has chosen this new location himself. It replaces the original store he opened some 10 years ago. The sales and profit numbers indicated here are that of the flagship location this store replaces which enjoyed sales of $900,000 per year and porfits to the owner operator of $140,000. This location is located in the same service area and it is reasonable to expect that a very large portion of the long established customers will simply switch to the new location. The founder of the franchise is personally overseeing the outfitting and build-out of this beautiful location making it the envy of all the locations in Canada. The renovations will be complete and ready to open by the beginning of November and in anticipation there are 150,000 'we've moved' flyers produced and ready to blitz the delivery area. Truly a turnkey operation, all franchise fees, opening inventory, first year insurance and other opening costs are included in the purchase price. This Italian Food Franchise has answered the call of the busy consumer who is demanding variety, freshness, quality and healthy alternatives for their convenience food choices. Now it’s your turn to answer the call and take advantage of this wonderful opportunity.

Franchise terms

5% royalty + 2% advertising

Property information

Real Estate:

Lease

Lease terms:

5 years plus 5 year opton

Leasehold rent:

$27,600 per annum

Other information

Reasons for selling:

Expansion

Owner financing:

Owner financing is available. Please contact the seller for more information.

Furniture / Fixtures value:

$160,000 (included in the asking price)

Inventory / Stock value:

$4,000 (included in the asking price)