Business Summary:
Great opportunity for a restaurateur or someone with little to no restaurant experience to own an Established Pizza & Subs Franchise in the food court of one of Northern VA’s busiest Shopping Malls. This restaurant has been in business for about 10 years and has performed consistently! The Franchise has over 60 locations throughout VA, DC & MD, is very supportive and has been famous for 'The World's Best Cheesesteaks' and NY Style Pizza since 1954. The franchise has recently introduced "Delivery" to their already successful business model, which has helped numerous franchisees dramatically increase their revenue and earnings! This restaurant is 100% turnkey and ready for a new operator to continue its success at a fraction of the original cost. The owner currently works about 25-30 hours per week as it has a full time and assistant manager. If a new owner wants to work a little more they could reduce their payroll and profitability. The owner is motivated to sell due to personal reasons and has priced the business to sell! This opportunity likely won’t last long at this price so act quickly!
Description of Facilities:
The 825 sq ft space is in the food court of the busiest Northern VA Shopping Mall. The rent is approx. $10,553/mo including triple net, water and trash.
Competition:
This location has been established for about 10 years within the strong, well branded franchise. There is standard food competition in the food court.
Growth & Expansion:
A new owner can expect growth if they add delivery outside of the mall to the nearby businesses and residential communities.
Seller Financing Available:
Yes
Seller Financing Terms:
Available depending on final purchase price, terms, and qualifications of the buyer.
Reason For Sale:
Personal Reasons
Seller Support & Training:
Franchise puts all buyers through training program and offers post-closing support. Seller will offer additional training and support if needed.
Get More Information:
To learn more about this business including the name, location, and financial information please complete and return our Buyers Package, which can also be downloaded here, and returned to us at admin@horizonbrokers.com.
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Profitable, Well Known, Branded Pizza & Sub Franchise in one of Northern VA’s Busiest Shopping Mall Food Court. Motivated Seller Priced the Business to Sell. Make Offer!
