Pizza & Italian Food Franchise - Midtown area
This is a first class New York style Pizza & authentic Italian food restaurant franchise using family recipes with their custom blend of spices and proprietary ingredients. They make pizza dough and New York-style crust daily for their 12 inch, 16 inch, and giant 28 inch pizzas. Salads are made with fresh produce. Italian dishes include pasta dishes, calamari, seafood, meats, and fresh baked breads. They also serve wine & beer and mixed drinks could be added. The facilities include a large kitchen, main dining room area, and two outside patio areas. Take out service amounts to approximately 35% of total sales), delivery service is approximately 25% of total sales, and catering special events is approximately 12% of total sales. This store has been operated by the franchisor for the past several years. They have totally remodeled the store and they are now offering the store as a franchise. Franchisor will provide complete training. The franchise fee for a new franchise is $39,500 and is included in this price. Royalty fee 6%, plus 1% advertising fee.
May 2000 as a new franchise. Acquired by franchisor 12/2016
Converting a corporate franchise store to franchisee owned.
13 FT & PT. Includes counter staff, kitchen staff, & delivery drivers.
Fully equipped restaurant. See list in business profile.
$8,000 Food, Beverage, & Beer & Wine
Located in a commercial building on a busy Midtown street. They have a large main dining room and two outside patios.
Rent and lease terms:
$5,621 Base Rent. Lease expires 11/30/21. Five year option at Market Rent.
Price and terms
New SBA loan - $75,000 cash down, $420.000 new SBA loan, 10 Yrs, @ 7.5% = $4,985.47 P/M.
Franchisor to proved training