Papa John's Pizza Franchise For Sale | Greater Wilkes-Barre, Pennsylvania
Papa John's Pizza Franchise For Sale in Greater Wilkes-Barre, Pennsylvania for $100,000! Seller financing available with $70,000 down. Established franchise opportunity, currently grossing an estimated $505,347 and nets $32,620. Income is based on an owner-operator role. Current owner has had a semi-passive role, however, store would benefit from an owner-operator to drive sales and manage expenses. Papa John's is a take-out and delivery chain offering classic & specialty pizzas, wings & breadsticks, plus desserts. Restaurant is located on a busy main road, surrounded by a mix of both commercial and residential properties. Store has recently been remodeled. Includes all restaurant equipment. New owner will need to be approved by the landlord and franchisor.
Frequently Asked Questions:   Price: $100,000   Cash Flow: $32,620   Financing: Yes   Listing: Active
What is the current gross revenue for this restaurant? The current gross revenue being generated is estimated at $500,473.
How does the restaurant profit? Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant? Seller will finance up to $30,000. Terms to be discussed. Need more? You can review additionalFinancing Options Here.
What are my expenses and overhead for a restaurant business? Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance. Expenses are estimated to be $472,727 per year (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).
Is the restaurant property owned or leased? Currently the owner leases the property. Lease terms remain for 8 years with a 10 year option. Note: New buyer will sign lease terms with the property owner.
Where is the restaurant located? Located in Greater Wilkes-Barre, Pennsylvania. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale? Current list of equipment includes: Make lines, freezer, cut tables, hot boxes, prep tables, and more. Estimated value is $75,000.
What size and how many customers can this restaurant seat? This franchise offers carry-out and delivery service, with no indoor seating.
Does this restaurant currently have a beer or liquor license? There is no beer or liquor license included with this sale.
Does the restaurant offer drive-thru or delivery service? There is no drive-thru, but the restaurant offers carry-out service.
How long has the seller owned the restaurant? Seller has owned this restaurant for 2 years.
Why is the owner selling? Owner is selling due to health issues.
What are the hours of operation? This restaurant is operated from 11am - 11pm Monday - Thursday, 11am - 12am Friday - Saturday and 11am - 11pm Sunday.
What else should I know? Established franchise opportunity located on a busy main road, that has recently been remodeled! Turnkey and move in ready. Includes the cost of all equipment. Take-out and delivery service only. Plenty of opportunity to increase revenue. Priced at $100,000. For additional information and to evaluate this business further Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer's duty and obligation to verify the accuracy of the Sellerís representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.