Priced to Sell-Pizza Franchise for Sale sales over $900,000

Muscatine, IA
Established Pizza Franchise for Sale
Asking Price:$165,000
Rent:$5,000/Month
Established Year:1973
Gross Revenue:$981,882
EBITDA:$55,330
BUSINESS DESCRIPTION

Established for over 50 years this location is a landmark. Own your part of hist

community. Sales were $981,882 in 2023, averaging over $900,000 for the past four years. The owner benefited over $50,000 in 2023; an Owner/Operator should be able to increase profitability; current ownership is an absentee owner.

The Pizza Franchise is an award-winning company serving pizzas for over 50 years. Recently inducted into the Pizza Hall of Fame and Listed in the 2023 Entrepreneur Magazine’s Franchise 500 The signature pizzas, tasty sandwiches, and delicious pastas, salads, and ice cream sundaes keep the customers coming back for more.

This family friendly Pizza Franchise is located in 3,800 sq.ft. stand-alone building with a low rent of only $5,000 per month. The location has great street visibility with ample parking. The landlord is offering a 5-year lease with a 5-year option to renew.

This fast casual food franchise pizza brand has a 6% royalties and 2% marketing fees. The $10,500 transfer fee covers two weeks of training to the new buyer.

Don’t miss out on this landmark location for sale, a great opportunity to increase sales. The restaurant comes fully equipped with everything needed for continued success.

Our seller requires that we pre-screen buyers by getting proof of funds. The proof can be in the form of a recent bank statement, recent brokerage statement, 401K, or letter from your banker before providing additional financials on this Restaurant.

Contact the Restaurant Broker at EATS Broker today about this exciting opportunity. If you have any questions, please contact Restaurant Broker Dominique Maddox.


DETAILED INFORMATION
Location
Muscatine, IA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,800
Lease Expiration
31/12/2034
Employees
20
Facilities
Fully equipped restaurant.
Competition
Limited competition in the area. This is a prime location in a stand-alone building.
Growth & Expansion
Opportunity to increase sales and reduced labor cost.
Support & Training
Franchise provides four weeks of training.
Reason for Selling
Absentee owner
Franchise
This business is an established franchise
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Dominique
Maddox
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Dominique Maddox