Current Use by Public Records
- Commercial real estate
Property Details for 0 Sign The Nda
- Property type
- Commercial real estate
Description
This exceptional opportunity presents a thriving pizza franchise for sale in Sulphur Springs, Texas, located in Hopkins County (zip code 75482). Boasting over 5,565 square feet of space in a stand-alone building, this established business enjoys high visibility and ample parking next to a busy retail center. The franchise, founded over 60 years ago and part of an international chain, offers traditional and specialty pizzas, pasta, sandwiches, and desserts. Gross sales have consistently exceeded $1.7 million annually for the past two years, with the owner realizing a profit exceeding $400,000 in 2023. The fully equipped commercial kitchen includes pizza ovens, dough machines, stainless steel coolers, a pizza buffet, and walk-in coolers. A convenient pick-up window caters to delivery drivers. The current lease, a net lease (NNN) with a monthly rent of $10,300 (including CAMS), runs until June 30, 2040 (a remaining term of 15.6 years), with no base rent increases. The asking price is $1,250,000, representing a compelling cap rate of 32.71% and a price per square foot of $224.62. Financial documentation will be provided to pre-screened buyers with proof of funds. This turnkey operation is a proven success, attracting a loyal customer base for birthdays, parties, and community events. Lending is available for qualified buyers.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sulphur Springs
- County
- Hopkins
- State
- Texas
- Longitude
- -95.6037
- Latitude
- 33.1779
