Pizza Franchise For Sale Nets Over $88 000 Parkland, FL 00000

Property Details for 0 Pizza Franchise For Sale Nets Over $88 000

Year built

2015

Property size

1,377 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This thriving Marco's Pizza franchise in Broward County, Florida, presents a remarkable investment opportunity. Boasting impressive annual sales exceeding $747,000 and a net owner benefit of over $88,000, this established restaurant offers significant earning potential. Located in a bustling shopping center with daily traffic exceeding 62,000 cars, the 1,377 square foot space comfortably seats 20 guests (14 inside, 6 outside). The current lease, at a reasonable $3,850 per month, expires February 8, 2025, with two five-year renewal options. The business benefits from a prime location within a three-mile radius of over 141,000 residents, with an average household income exceeding $91,000. The sale includes all necessary equipment, such as a double-stacked pizza oven, dough mixer, walk-in cooler, and POS system, ensuring a smooth transition for the new owner. A team of 16 employees (8 full-time, 6 part-time) is in place, providing operational continuity. The current owners, a husband-and-wife team, are selling to pursue other ventures after operating the business since 2015, working a combined 30 hours per week. The asking price is $310,000, excluding inventory. The franchise agreement includes a 5.5% royalty fee and a 5% marketing contribution. A $8,500 transfer fee covers training provided by the franchisor. This is a turnkey operation ready for immediate success within a nationally recognized brand with over 1,100 locations. Sales have consistently grown year over year, with 2023 exceeding 2022, and 2022 showing a 9% increase over 2021.

Location Insight

City

Parkland

County

Broward

State

Florida

Longitude

-82.3359

Latitude

28.1807