Established Pizza & Sub Restaurant, 34 Years in Business 2 Storefronts

Idaho Falls, ID
Asking Price:$350,000
Inventory:$8,000
FF&E:$250,000
Gross Revenue:$790,000
Rent:$6,100/Month
Established Year:1984
BUSINESS DESCRIPTION

Voted Best Sub in East Idaho

Papa Kelsey’s Pizza and Subs has been a favorite for over 40 years, earning accolades for serving the best pizza and subs in the region. Known for our homemade recipes, including fresh-baked bread made daily, our signature pizza sauce, and our secret family recipes, we have built a loyal following. We were proudly voted East Idaho’s Best Sandwich and have received numerous awards throughout the years for our food quality and customer service.

Papa Kelsey’s is selling BOTH of their locations in East Idaho. One location in Idaho Falls and the other in Rigby ID. Both are incredibly fast growing areas. Both locations are now available for sale, presenting an incredible opportunity to own an established, high-traffic business with a strong presence in the local community. The Idaho Falls location is center of town, next to shopping centers, residential living, medical plazas, and more. We have been in the same location for 34 years, so our great community knows exactly where to find us. The Rigby location is in the center of Rigby, right off of Main Street. Close to medical offices, other shopping locations, and an easily accessible storefront.

The Idaho Falls location offers a banquet room for events, perfect for group gatherings, celebrations, or business meetings. It has recently been renovated with fresh paint throughout the entire restaurant and new tile floors throughout the kitchen. The Idaho Falls location is approximately 3300 ft.² with seating for 160 people. The Rigby location is approximately 3000 ft.² with seating for 80 people. Both Idaho Falls and Rigby location are fully ready to operate. They come with a walk-in cooler, two freezers, pizza prep table, salad reach in, large maple top prep table, two conveyer ovens, deck oven, 140 qt Hobart Mixer, Hobart slicer, proofer, stainless steal prep tables, ice machine, Pepsi fountain machine, dough roller, booths, tables, chairs, tv’s, electronic menus, 3 delivery vehicles, 3 compartment sink, prep sink, small wares and misc. kitchen equipment, brand new TOAST POS system with 3 stations.

Papa Kelsey‘s has a strong online presence, including a well established website, strong social media pages with nearly 3000 followers. We’re on all of the major food delivery platforms including DoorDash and UberEats. We also have our own delivery services and three delivery vehicles.

Papa Kelsey’s has a wide variety of items on their menu. They serve delicious gourmet pizzas, ovenbaked subs, fresh salads, hearty soups, ice cold Pepsi beverages, and other miscellaneous side items. Despite having a wide variety of items on their menu, they are well known for their ovenbaked subs. We pride ourselves in making fresh homemade dough every single morning, which we use for our ovenbaked subs and gourmet pizza dough. There are no other restaurants that do subs the way we do. Our subs are oven baked on our homemade bread - unrivaled by any other sub shop.

Being in the business for over 40 years and having 15 individual locations in our franchise, Papa Kelsey’s has developed strong and trusted relationships with our vendors, including Nicolas and Company and Pepsi. We have great buying power with our vendors.

This is a perfect opportunity to acquire 2 already established restaurants with a strong reputation and history, with huge opportunity to grow. For more information, contact Danny 208-589-0009


DETAILED INFORMATION
Location
Idaho Falls, ID
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,300
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Idaho Falls location is approx 3300ft.² w/ seating of 160. Rigby is approx 3000ft.² w/ seating of 80. Both are ready to operate & come with walk-in cooler, 2 freezers, pizza prep table, salad reach in, maple top prep table, 2 conveyer ovens, deck oven, 140qt Hobart Mixer, Hobart slicer, proofer, stainless steal prep tables, ice machine, Pepsi fountain machine, dough roller, booths, tables, chairs, tv’s, electronic menus, 3 delivery vehicles, 3 compartment sink, prep sink, smallwares and misc. kitchen equipment, new TOAST POS system with 3 stations.
Competition
Papa Kelsey's has dominated the pizza & sub market here in East Idaho. We've recently been voted for best sub in East Idaho. We've been in the same location for 34 years, right in the center of town. East Idaho is growing significantly with families that love our establishment. We have the uniqueness of the original oven baked sub, which isn't served by other sub shops. Our bread is made fresh every single morning and never frozen.
Growth & Expansion
Both the Idaho Falls and Rigby location have a great reputation and customer base. They've specialized in pizza and subs for 34 years, but there's opportunity to expand the menu. There's opportunity to offer beer & wine sales. There's opportunity to open up more stores in surrounding states.
Support & Training
Both the Idaho Falls and Rigby locations are fully staffed with well trained employees. The owner is looking to retire but will train the new owner the ins and outs of the day to day business and get them up to speed on all it takes to successfully operate the business.
Reason for Selling
Owner is ready to retire.
Franchise
This business is an established franchise

BUSINESS LOCATION
Report an Issue with this listing
Danny Klassen
Danny Klassen