Pella Franchise Pizza Shop For Sale Earning Pella, IA 50219
- Retail properties
- 1,932 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Pella Franchise Pizza Shop For Sale Earning
- Property size
- 1,932 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving franchise pizza shop in Pella, Iowa presents a remarkable investment opportunity. Priced at $475,000, this well-established business boasts over $150,000 in owner profit annually, based on $723,000 in gross revenue. The 1,932 square-foot space, located in a high-traffic area, comfortably seats 48 patrons. The current lease, expiring June 29, 2027, includes options for extension and costs $1,900 per month, inclusive of CAM charges. The business model is highly efficient, with approximately 90% of sales derived from carryout and delivery, resulting in lower-than-average labor costs. The fully equipped kitchen includes a Traulsen G22010 freezer, True T-72 3-door cooler, walk-in cooler, Hobart LXE dishwasher, and a comprehensive array of stainless steel prep tables and cooking equipment, including Lincoln gas ovens, a Hobart mixer, and a dough baller. This turnkey operation benefits from a strong 37-year history in the community and consistent sales growth over the past 14 years. The franchise agreement includes a 6% royalty on sales and a 2% marketing fee, providing ongoing support and access to established marketing strategies. The seller is retiring, offering a seamless transition for a new owner. The business currently employs 14 people. SBA lending is available. This is a rare chance to acquire a profitable, established business with a loyal customer base and significant growth potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pella
- County
- Marion
- State
- Iowa
- Longitude
- -92.9164
- Latitude
- 41.408
