Great opportunity to own an Established Pizza & Subs Franchise in Howard County MD. This restaurant has been in business for nearly 3 years and has a very loyal customer base that continues to grow monthly under current ownership. 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 has an incredible location in a Town Center Environment that has great signage and visibility. The restaurant is surrounded by a new residential community with lots of houses and is still growing with hundreds of houses still being built. There are also lots of business around that provides for a good lunch business and the restaurant is just minutes away from Johns Hopkins University. This restaurant is the Franchise's latest newer modern concept, it is 100% turnkey and ready for a new operator to continue its success at a fraction of the original cost. The business will continue to grow and provide the best cash flow if it is owner operated, which should yield an annual cash flow of approx $70k. The owner is motivated to sell due to family reasons and has priced the business to sell! This is a great business for a restaurateur or someone with little to no restaurant experience as the franchise has a proven business model where any one can be successful after the completion of their local franchise training program that is part of the $25k franchise transfer fee, which is in addition to the sale price paid directly to the franchisor. Don’t let this opportunity pass you by!
Description of Facilities:
The 1814 sq ft space is in a new, busy town center, which has great signage and visibility. The rent is approx. $4495/mo. There is seating for approx. 34 inside with patio seating. The restaurant was professionally built and all the equipment is still in new condition and features the Franchise’s latest concept, furniture & fixtures.
This location has been established for about 2 years within the strong, well branded franchise. There is minimal food competition in the area making this one of the go to places to eat in the community!
Growth & Expansion:
A new owner can expect tremendous growth as the community continues to grow. This is really a great money making location with cheap rent which will allow the highest profitability!
Seller Financing Available:
Seller Financing Terms:
Available depending on final purchase price, terms, and qualifications of the buyer.
Reason For Sale:
Seller Support & Training:
Franchise puts all buyers through training program and offers post-closing support. Seller will offer additional training and support if needed.