$845k Sales, $113k Cash Flow, Port Townsend Pizza Factory franchise

Port Townsend, WA

Seller Financing Available

Pizza - Washington Business Brokers
Asking Price:$255,000
Gross Revenue:$845,000
Rent:$2,549
Established Year:1990
Cash Flow:$113,000
Inventory:$15,000
FF&E:$40,000
BUSINESS DESCRIPTION

$10,000 ASKING PRICE REDUCTION + SELLERS WILL PAY the $13,000 franchise transfer fee

YTD sales thru July of $578k are 15% above last year - this will be the 5th year in a row of RECORD sales

$845,000 - 2023 revenue (+5%)
$805,000 - 2022 revenue (+3%)
$781,000 - 2021 revenue (+36%)
$574,000 - 2020 revenue

Voted Best Pizza in Jefferson County in Q1 - Driving Significant Sales Increase in 2024

In addition, business went on DoorDash recently and has 4.8 stars and 100+ reviews already. Adding DoorDash introduced their pizza to new customers, further increasing sales

Owners are excited about adding catering functionality to their site, this will make large group ordering easy

This is a cash flowing, predictable business with a formula that works - everyone loves pizza and we all have to eat!

This is a Pizza Factory franchise. The system is adding locations, investing in marketing, and seeing y/o/y sales increases at existing units

Priced appropriately at 2.3x SDE (cash flow)

****For more info, complete an NDA****

https://wabusinessbrokers.com/nda-registration/

Outstanding reputation - business has 4.0+ stars on leading web platforms, hundreds of positive reviews, and nearly a thousand online followers

Local presence, national footprint - this franchise system is adding locations AND seeing y/o/y sales increases at each unit

Evergreen Demand - people have to eat! Sales continue to grow through economic cycles, pandemics, you name it. Pizza is viewed as an affordable family food option relative to other cuisines

Increasing Population Density and Affluence - Jefferson County increasing in affluence / housing values continue to rise; business benefits as others are attracted to the reasonable cost of living and housing relative to other parts of the State

Growth Levers – number of obvious marketing, sales, and operations levers for new owners to execute on and continue growing the business; more detail provided in confidential marketing documents after you submit an NDA

Reason for Sale - personal, owners seek to explore new opportunities

Seller Financing available - provided buyer is financially qualified, seller open to financing up to 15% of transaction price at a market-rate interest rate

Transition Period and/or Training - owner amenable to providing the required training to a new owner to the extent that it is necessary based on their background; this can likely be achieved in 4 weeks. Beyond this initial transition period, should the buyer wish, owner is willing to be available as needed for advisory / consulting at an agreed upon hourly rate

To receive confidential marketing materials with much more detail on the opportunity, complete an NDA here:

https://wabusinessbrokers.com/nda-registration/

After your NDA has been reviewed more information will be released!


DETAILED INFORMATION
Location
Port Townsend, WA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,569
Lease Expiration
31/12/2025
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Vehicle + Equipment in Excellent Condition - 1 delivery vehicle and equipment all transfer to buyer debt-free, all are well maintained. Includes 5 fridges / coolers, mixer, pizza / warming ovens, all restaurant / food prep equipment, etc. New owner will not need to purchase any vehicles or equipment immediately after buying the business
Financing
Up to 15% of transaction price at a market-rate interest rate
Support & Training
Transition Period and/or Training - owner amenable to providing the required training to a new owner to the extent that it is necessary based on their background; this can likely be achieved in 4 weeks. Beyond this initial transition period, should the buyer wish, owner is willing to be available as needed for advisory / consulting at an agreed upon hourly rate
Reason for Selling
Personal, owners seek to explore new opportunities
Franchise
This business is an established franchise

BUSINESS LOCATION
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Ryan
Hemmert
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Ryan Hemmert