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For Sale: Pizza Franchise - Successful, Operating 9 Years - Reno, Nevada

$599,000.00

Asking Price

  • Address: Reno,

  • Status: Active

  • Posting ID: 286778

  • 5/24/24

Reno Pizza Franchise - Successful, Operating 9 Years Business For Sale

Description

Successful Northern Nevada Pizza Franchise - SC2179


Financial Information
Asking Price: $599,000
Cash Flow: $215,000
Gross Revenue: $675,000
Down Payment: $300,000
 
This Northern Nevada based Pizza Franchise is a Sub-Chapter S corporation and has been in operation for the past 9 years under current ownership. This franchise is one of the most popular in the area, allowing the creation of your own pizzas, including gluten free, and delivery available as well. They have partnered with Slice since 2017. This franchise is known for offering high-quality, gourmet pizza that is hard to find in other places. Their dough is made fresh every day. This ensures that your pizza will have the most flavorful and freshest crust out there. They use 100% whole milk mozzarella cheese at this location, every day. You will find the highest quality toppings on their pizzas from names you know and trust like Tyson and Hormel. They have a secret blend of herbs and spices that is added to vine-ripened, fresh-packed tomatoes that are grown in the valley of sunny Central California. This franchise offers deals to meet every budget. They also are on the cutting edge of the technology in the pizza industry. It’s not just pizza, but also wings, salads, desserts, etc. 
 
Business Location
City: Reno
State: Nevada
 
Reason for Sale
The reason for selling is the Seller would like to pursue other interests.
 
Detailed information
Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 2
Part-Time Employees: 6
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $185,000
Inventory Included: Yes
Inventory Value: $8,000
Monthly Rent: $3,400
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 1700
FF&E Included?: Yes
FF&E Value: $120,000
 
Training/Support
The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. There is also training, and support provided by the Franchisor.
 
Market Outlook/Competition
In the US, the pizza business is a significant sector of the restaurant business. Sales of the well-liked Italian meal have increased over the previous ten years due to customers’ options to order takeaway, arrange for delivery, or dine in. Pizza shops generate $65 billion in revenue in the US and employ 884,000 people across more than 78,000 locations. Over the previous five years, which include the pandemic’s disruption, their revenues have increased by an average of 3% annually.
 
CA 02100708
NV 1003039

To get more information about this Pizza Franchise - Successful, Operating 9 Years business for sale in Reno please phone Adriana Sargent (Intermediary - BRE License #:1003039) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286778 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Pizza Franchise - Successful, Operating 9 Years, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.

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Contact

  1. Name: Adriana Sargent
  2. phone iconPhone: 408-981-7799 Call
  3. phone iconPhone: 408-981-7799 Text

Details

  1. Asking Price: $599,000.00

  2. Down: $300,000.00

  3. Cash Flow: $215,000.00

  4. Revenue:    $675,000.00

  1. Area: Reno

  2. City: Reno

  1. Attributes:

    Broker CooperationTraining & SupportExisting Franchise

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