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Property profile & analytics
OFF-MARKET
Commercial real estate

0 Address Provides After Signing Nda Keene, TX 76059

1,470 SF
Property ID
Property summary
AI-generated overview

This established pizza franchise in Keene, Johnson County, Texas, presents a compelling investment opportunity. Boasting consistent annual sales exceeding $500,000 in recent years, this business generated an owner benefit of $80,000 in 2023. The 1,470 square foot space, located in a high-visibility area near a college and with a contract with the local school system, is leased under a NNN agreement expiring December 31, 2026 (approximately 2.1 years remaining). Rent is exceptionally low at only $1,600 per month, inclusive of CAMs, representing just 4% of gross sales. The fully equipped commercial kitchen features two Lincoln conveyor ovens, a Hobart mixer, stainless steel refrigeration, and other essential equipment. The franchise offers brand support, name recognition, and established recipes featuring hand-stretched dough and generous portions. Royalty fees are 6%, and marketing fees are 4%. The franchisor provides two weeks of training in the local area, and the transfer fee is low. This turnkey operation offers significant potential for growth through expanded catering and marketing initiatives. The asking price is $215,000, representing a compelling cap rate of 37.21% and a price per square foot of $146.26. Financial documentation, such as a recent bank statement, brokerage statement, 401K statement, or letter from your banker, will be required for pre-screening before further financial details are disclosed.

Property profile
Verified
Property type Commercial real estate
Total area 1,470 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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