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. Service includes sit down tables & chairs both inside and on their outside patio, take out service (35% of total sales), delivery service (25% of total sales), and catering special events (10% to 15% of total sales). This is a franchisor owned store which they are now offering as a franchise. Franchisor will provide complete training. Franchise fee for a new franchise is $35,500. 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.
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 - $125,000 cash down, $500,000 SBA loan, 10 Yrs, @ 7.5% = $5,935.09 P/M.
Franchisor to proved training