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Businesses For Sale

New York Style Pizza Franchise in Richmond, TX For Sale - Motivated Seller!

Listing Agent:


Fernando Saldivia

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Available

Listing: # 8211

Price: $ 90,000

Location: SW Houston

Listing Profile

Classification:

Restaurants

Purchase Price: $90,000
Real Estate Price: $0
Working Capital: $0
Total Investment: $90,000
Down Payment Required: $90,000
Gross Revenue: $396,436
Discretionary Earnings: $0
Imputed Rent: $0
Total Cash Flow: $0

Description and Operations


Established Date: 2008
Monthly Rent: $$7,791
Reason for Sale: Family health reasons
Employees(Full): 5
Employees(P/T): 6

Reason for Sale:
Family health reasons


Description:
Great opportunity to own an authentic New York style pizza franchise in booming Richmond, TX! Constantly voted "The BEST PIZZA IN HOUSTON". Everything is made from scratch, using only the freshest & finest ingredients and the pizza is then cooked in gas-fired brick ovens. The superb dine-in, take-out and delivery menu features pizza, soups, salads, sandwiches served on delicious homemade bread, fabulous pasta entrees, and gluten-free options. This 2,900 sf restaurant seats 80 indoors and includes a fabulous bar offering a variety of beer, wine, and liquor. Located in a populated affluent area: average household income of $150k+ within a 3 mile radius, and 200k+ people residing within a 5 mile radius. Five weeks training provided by franchisor. Franchise and training fee is $35,000 with 6% royalty and 1% marketing fee. Seller said bring all offers! ....Update during Covid - sales averaging 40k/month and rent reduced to $5465.

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