Well Known Restaurant Business for Sale – Phoenix Metro

Price: $295,000

Location: Phoenix Metro

Industry: Restaurant

Listing ID: 2085

Listing Description

This is a franchised restaurant opportunity that can also be purchased for conversion to another concept. Located in east Phoenix in a popular center with great location. Concept is known for its distinct pizza style, great taste and emphasis on quality ingredients. Lots of parking, great patio, has #12 liquor license and many other items on the menu beyond pizza. Initial franchise cost $50,000. Monthly franchise royalties are 5%, national advertising 2%. Original cost to build out was over $2,000,000. Sales are close to $2,000,000. Asking price is just $295,000. Broker has further information on the franchise, the lease, the equipment package, copy of the menu, photos and can arrange a tour of the premises for qualified buyer. May also be able to convert to different concept.
All potential Buyers must sign a confidentiality agreement and submit a statement of net worth.

Listing Details

Total Sales: $1,907,543

Franchise?: Yes