Major Franchise Pizza - Sugarland Area
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1154915
Net Profit / Cash Flow $263601
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1994
Number of Employees 10 - 19
Inventory 455000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will train.
Reason for Sale Owner relocating to San Antonio - needs capital for RE investments.
Description This is one of America's most popular all-you-can-eat pizza buffet franchise restaurants located on a major thoroughfare in the Sugarland area. These franchises are almost impossible to get into and are very rarely offered publicly. The restaurant boasts a wide variety of pizzas, in addition to salads, pastas, chicken wings & desserts and is very popular with families in the area. The free-standing building offers fantastic visibility off of the major frontage road and draws in customers from surrounding businesses and attractions. There is a large arcade that brings in substantial revenue as well as an under-utilized private party room for events that holds 65 people. There is a full management staff in place as the current owner is absentee and focusing on other business interests; the current core staff has been at the restaurant for an average of 8 years and have no plans to leave. A new owner may consider running the business on their own to drive profits, lower food costs and increase community outreach. The current royalty & ad fee is 7% of net sales, which is low compared to competitor franchises. SBA financing may be available for a qualified buyer!
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