michael marich

Well established Pizza Franchise. Seller must sell due to a tragic death in the ownership of the business. The $300,000 represents the total EIDL loan remaining with $25,000 down. Buyer would assume the remaining balance of the note in the amount of $275,000. payments are approx. $1,730 per month including 3.75% interest. The net of $109,127 represents the managers salary that would be eliminated, a reduced payroll savings, net income of the business. and amortization. The adjusted net income of $109,127 would be before debt service and a monthly payment of approx. $1,761 per month for the EIDL loan. Keep in mind the buyer MUST HAVE at least $85,000 in cash to be approved by the franchisor and a net worth of least $250,000 to be approved by the landlord. The EIDL loan has about 25 years remaining. Make an offer ! ... Less

Established since 2000. Shows well , Clean throughout. Seller is heading toward retirement. The store will need an interior upgrade in the coming years. The Franchisor is very flexible regarding this issue. Buyer must pay the transfer fee of which is to follow. In 2024 the store gross sales were $707,771 with discounts almost 23%. That is outrageous when you consider that they should be around 14%. That is a good amount of savings!! The store labor is at 17% where it should be before paying the manager who's salary was $48,294. That coupled with the net income of $82,855 totals over $131,000 for an owner operator which is what the SBA is looking for. THIS SALE IS NOT DESIGNED FOR A PART TIME OR ABSENTEE OWNER ! Lender will look for partial collateral on real estate from the buyer. Sales for 2025 are down simply because of employee turnover and a lack of enthusiasm from the seller and his manager. This is not rocket science. ... Less

Well established for over 35 years. Serves Breakfast and Lunch. Open from 6:30 to 3:00 (7) days per week. BUYER ONLY INJECTS $132,000 DOWN (INCLUIDNG INVENTORY) AND ASSUMES AN EXISTING EIDL LOAN IN THE AMOUNT OF $348,000 WITH MONTHLY PAYMENTS OF ONLY $1,700 PER MONTH INCLUDING get this!! 3.75% INTEREST. Owner limits his activities to Banking (3) days per week and staffing every one to two weeks. The seller is way over staffed with 6 cooks 4 dishwashers, 8 waitresses, and 5 hostesses,. The sellers payroll runs over 36% with food cost at 24%. BUYER MUST HAVE RESTAURANT EXPERIENCE TO ASSUME THE EXSITING EIDL (SBA) LOAN. The process to assume the loan takes about (3) months. Seller serves Beer & Wine which does well on the week ends. Historically this café should be netting between $150,000 & $200,000 year. Because the seller has chosen to operate with heavy labor and food costs he is only netting around $76,000 year. Put an ... Less

This store was established in 2010. Present owner lives several hours away and he owns 16 other franchises. The store has been absentee operated for over (3) years. The manager in 2024 was Paid $44,383 year. That plus the net income for the year OF $72,000, TOTALS $116,530. ALTHOUGHT SALES ARE DOWN SLIGHTLY IN 2025 THE NET INCOME FOR THE FIRST (6) months OF 2025 INCLUDING THE MANAGER SALARY IS WELL OVER $60.000. If YOU ARE PLANNING TO BE AN ABSENTEE OWNER "THIS IS NOT FOR YOU" The $120,000 net income is projected for the 2025 calendar period. . ... Less