0 Pizza Franchise For Sale Attention Owner Operators! Earning $72 000 Destin, FL 32541
This thriving pizza franchise, established in 2005, presents a fantastic opportunity for owner-operators. Located in Destin, Florida (zip code 32541, Osceola County), this 2,200 square foot restaurant boasts impressive financials: $581,167 in gross revenue and a substantial $72,000 cash flow for the owner-operator. The business is situated in a bustling outdoor mall environment with high foot traffic, benefiting from proximity to other retail outlets and a movie theater. The current lease expires in September 2024, with the landlord open to negotiating a new lease at a potentially reduced rate, further enhancing profitability. The restaurant is fully equipped with all necessary equipment, including two brick ovens, dough presses, a commercial mixer, and a comprehensive food prep area. Seating for 72 patrons is available, complemented by a beer and wine license. Recent upgrades include fresh paint, new flooring, and tabletops. The franchise offers a comprehensive training program (two weeks minimum) and ongoing support. The seller is retiring, creating this turnkey opportunity. The franchise company, operating since 1998, charges reasonable royalty (5% of sales) and marketing fees (1% of sales). SBA lending may be available. The sale includes all equipment, and the business currently employs eight people. This is a well-established, profitable business ready for a new owner to take it to the next level.
Cap rate
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