Previous Owner Defaulted

Farmington Hills, Michigan

Price: $25,000

Gross: $ approx. 2,000-3,000 per week

Cash Flow: $ 0

Inventory: $ Fluctuates daily - not included in sale

Real Estate: Leased

Year Established:

Employees: Owner is running operations

Business currently operating is doing between 2,000-3,000 per week in pizza only sales. Other menu items can be available. There is very little dining (a couple of tables). Most business is take out or delivery. Business taken back by licensor needs an owner operator to step in and start growing this awesome location. Priced to sell below asset and build out value. Seller indicates an owner operator will need approximately $10,000 for operating capital in addition to the purchase price.

If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement). Call 734-323-0376 or 734-649-9277 or email [email protected] or [email protected] for more information.

Facilities: 2 Years left on current lease at $1,860.00/ NNN. Approximately 1000 sq ft total. Fully equipped store ready to go.

Competition: Competition exists in this industry. This location, available parking, surrounded by businesses and residential provides a broad base of potential customers.

Growth/Expansion: There is nowhere to go but upward. Adding some local marketing to the adjacent businesses and neighborhoods will serve a new owner well. Agreement with licensor will greatly improve business as they have marketing campaigns they provide for their licensee’s.

Support/Training: Local licensor will provide 200 hours of training if you have no restaurant experience. Seller will finance with $5,000 down for a qualified buyer.

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Description

For Sale page 2