Business Summary:
Great opportunity for a restaurateur or someone with little to no restaurant experience to own an Established Pizza & Subs Franchise in Howard County MD. This restaurant has been in business for about 2 years and has a very loyal customer base. 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 is currently run absentee, if it was owner operated it would provide nearly $30k in additional cash flow to the owner. The owner is motivated to sell due to a death in the family and has priced the business to sell! The owner has another location in Howard County that is for sale as well and would negotiate a reduced price for a package deal. This opportunity likely won’t last long at this price so act quickly!
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. $4100/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.
Competition:
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:
Yes
Seller Financing Terms:
Available depending on final purchase price, terms, and qualifications of the buyer.
Reason For Sale:
Family
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.
