Buy a Four Star Pizza Franchise For Sale business for sale in Waterford on BusinessesForSale.com

  • Advert ID: 635922

Four Star Pizza Franchise For Sale


Location:
Category:
Asking price:
€218,000
Sales revenue:
€826,000
Net profit:
< €250k
Franchise opportunity:
Yes
Years established:
4years6months
Employees:
6
Relocatable:
This business can be relocated.


Halfway through a 10 year agreement with option to renew.


Existing franchise for sale, in operation since December 2003. Existing customer base of 15,000. Serving population of c.40,000. Exclusive territory of entire city, located in premium city centre location. Planning permission to open late night seven nights a week.Turnover of €13k per week.


Real Estate:
Lease
Lease terms:
€35k per year plus VAT paid quarterly in advance, head lease in Four Star Pizza's name runs until October 2013
Location:
15 John Street. It is in main takeaway/late night street. Very central location for access to entire city.

Expansion potential:
Online ordering is being rolled out in all Four Star Pizzas since January of this year. An owner/operator would have plenty of scope to improve on daytime sales. The product range is being extended to subs over the coming summer months, which will be attractive for daytime office etc sales.
Competition / Market:
There are 3 other pizza franchises in the city. As in all cities, there is competition from other takeaways.
Support & training:
Head office will train any prospective buyer in all aspects of the business.
Reasons for selling:
Owner recently married and wants to relocate.
Trading hours:
12-12 mon-thurs, later on weekends (1am friday, sunday. 4am saturday)
Furniture / Fixtures value:
€120,000
Inventory / Stock value:
€5,000

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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