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For Sale: Papa Johns Pizza Franchise Restaurant - Absentee - San Fernando Valley


Current Status: Active     Posting #: 260428     Last Refreshed: 2/20/21    
Contact: Ale (Owner/Seller) At Email Only  -  Also Email This Contact Below
Price:  $139,000     Down:  Call / Email     Adjusted Net:  $73,751     Revenue:  $501,455    
Attributes:  Absentee Run, Semi-Absentee Run, Training & Support, For Sale By Owner, Owner Financing     Cooperation With Brokers?  Yes

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  Description About This Posting: Papa Johns Pizza Franchise Restaurant - Absentee
Long established profitable Papa Johns pizza in great location of SFV. This turn-key operation is fully staffed with tenured well trained employees. Absentee owner has primed this business to boom. Business pays for itself. Will pay an owner operator even HIGHER PROFITS $$$$.

Price is $139,000. To open a new store would be over $300k Profitable as is. Long-term lease w/2 5yr options remaining. Monthly lease is $4400. low payroll (even lower for an owner who can work in the store). Carry inventory of approximately $4k. Good records.

If you're looking for a business to be your sole source of income then by working 30-40 hours per week will increase monthly take home pay approximately $3000-$4000. Now your take home will be in the $70k+ range.

Great opportunity to get started in the franchise food business with a valuable and reputable brand. Exceptional resources to support franchisees. Have the entire area to yourself. No other Papa Johns in the delivery area.

Franchise opportunity offers significant support and local resources paid for by Papa Johns to ensure you'll continue to be successful.

What are next steps:

You'll have to fill out a Pre-Qualifying (this is not an acceptance it just to pre-qualify)...To qualify you'll need $250,000 liquid and a net worth of $750,000. This is a Papa Johns requirement and is non-negotiable.

Next steps is full disclosure of lease agreement, sales, financials, etc....

*Other things to note: franchise requires you or someone you designate to complete a 6 week training before taking possession of your store.

Please note I will only respond to inquiries that demonstrate an understanding of the financial requirement from Papa Johns that it is mandatory for you be accepted as a franchisee. $250,000 liquid and $750,000 net worth.

To get more information about this Papa Johns Pizza Franchise Restaurant - Absentee business for sale in San Fernando Valley please phone Ale (Owner/Seller) at Email Only - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #260428 on BizBen.com. In addition to phoning Ale (Owner/Seller), make sure you email Ale (Owner/Seller) above to get more info about this Papa Johns Pizza Franchise Restaurant - Absentee, to ask any questions or request an appointment to see this business for sale. Thank you.

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