SOLD – Established Franchise Pizza Shop In Fast Growing City
14 year established franchise delivery pizza shop in a growing city is available for acquisition. This business was originally established in 2007 by the previous owner and was acquired by the current owner in 2018 and the owner has remodeled the store front and replaced some of the kitchen equipment. When first established, the business was one of the first delivery pizza shops in the area, but as the city started to grow, the competition grew as well and other similar mom and pop shops and corporate pizza shops began to open in the surrounding area. Despite many competitions opening up, especially in the last few years, with almost 15 years in business and having a solid customer base and a good relationship with the community by providing fresh and quality ingredients, the sales have not been impacted too significantly. The sales have been consistent throughout the last several years around $400,000/year and even during the pandemic in 2020, the annual net sales were $405,000 and 2021 is projected to be close to $435.000. Some corporate marketing is in place, such as e-mail marketing, TV ads, but in order to fully reach its maximum financial potential, online presence and social media marketing are needed, all 3rd party delivery services need to be utilized, build a long term relationship with nearby existing and upcoming new schools for additional catering sales is crucial, and door to door flyers to newly developed community to acquire customers from untapped area. The owner is involvement in the actual operation is minimal and generally the owner is involved in upper management level, such as bookkeeping and payroll, but the owner likes to work a few shifts 2-3 days a week for inventory and just to make sure the operation and the employees are at their best. The employees are fully competent and by hiring a general manager, the business can be run as owner-absentee. This business is well-established and has a track record of consistent sales ever during the most difficult time and is in a good position to do even better in the future due to regular customers and future customers from growing population.