$75,000
Business Type: Food Business Retail; Alcohol Related; Restaurants, Restaurants / Take Out Only, Restaurants / Pizza Shop
Food Business Retail; Alcohol Related; Restaurants, Restaurants / Take Out Only, Restaurants / Pizza Shop
You can steal this pizza & chicken take-out and delivery restaurant as the owner is out of state and can't manage it. This concept has been very successful in 5 other locations for 10 years but this restaurant suffered in their first year with bad management. The owner had placed an old friend in the business to manage it, but the friend did not properly manage the food costs nor the employee expenses. Sales for the first 12 months of operation exceeded $500,000 which would usually generate over $100,000 + of cash flow for the new owner. If you pay a recipe fee of 4% of sales, you can keep the name, the recipes, use of the active website and the current owner will provide you continued training and new recipes as they are developed. You will also have the franchise rights to the Twin Cities. In addition, you will get a reduction in the rent. There are no seats for dinners on site.
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