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Pizza Hut Restaurants For Sale
Location Alberta,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $1900000
Net Profit / Cash Flow $300000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1990
Number of Employees 35 - 49
Relocatable No
Number of Employees 35 - 49
Real Estate Leased
Training Full, top-level training, support & marketing programs
Reason for Sale Owner is Retiring after more than 20 years
Description Rare Sale - Current owner and franchisee of the only two Pizza Hut locations in Medicine Hat is selling both units as a package. Pizza Hut currently has the lagest share of the pizza market in the city and both units are profitable and refurbished to the latest Pizza Hut standards.
Owner is retiring after more than 20 years as the operator and has built tremendous goodwill in the buisnesses and in the local community.
One location is a 120 seat Dine-In restaurant, the other is a Delivery/TakeOut location.
Buyer must be approved by Pizza Hut as a new franchisee and must sign a new franchsie agreement. Pizza hut is the world's most recognised pizza franchsie brand and the new franchsiee will receive extensive training.
Selling price is all-inclusive of goodwill, F, F & E. The full team of professional staff will stay with the locations if required.
There is an option to purchase the real estate for the dine-in location, as it is owned by the franchisee. The delivery location is rented.
Dine-In is 3,177 sqft with a total lot of 30,000 sqft. Delivery unit is 1,670 sqft. Reasonable lease agreements are in place for both units.
Royalty fee for new franchisee will be 6% and advertising fee of 4%.
Sales for 2012 are so far up 8% year on year.
Amazing opportunity for the right buyer. Full financials available. Serious enquiries only. Please email or call for full details and offering sheet.
Click Here To Contact Seller
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