Undisclosed London, MN 55616
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 0 Undisclosed
- Property type
- Commercial real estate
Description
This exceptional opportunity presents the chance to acquire two established, fully staffed quick-service pizza franchise restaurants located in northern Minnesota and Wisconsin. The asking price is $250,000, with seller financing of $100,000 available. These locations boast a combined gross revenue of $1,158,658 and employ 17 people. The sale includes $102,710 in furniture, fixtures, and equipment (FF&E). The current owner is selling due to a career change and relocation, offering a non-compete agreement of 200 miles for three years. Comprehensive support and training are provided, including four weeks of franchise training, with the possibility of extended training based on experience. The pizza industry's resilience ensures a reliable income stream, and this acquisition offers immediate earnings with potential for future growth through the acquisition of additional locations or new construction. The current owner dedicates approximately 20 hours per week to the business. This is a turnkey operation ready for a new owner to step in and capitalize on the existing success. The address is undisclosed, but the locations are in Two Harbors, Lake County, Minnesota, zip code 55616.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- London
- County
- Lake
- State
- Minnesota
- Longitude
- -91.5991
- Latitude
- 47.1641
