Pita Pit Sandwich Franchise For Sale - Pensacola, Florida
Pita Pit Sandwich Franchise For Sale in the Pensacola, Florida region for $65,000! Seller financing available with $9,000 down. Asset Sale! Pita Pit is a popular quick service franchise restaurant offering a menu of breakfast, meat and veggie pita sandwiches - a healthier alternative to fast food. This is a great opportunity to own a fully built out store at considerably lower cost than it would be to purchase a new franchise. There is a huge opportunity for further growth but current owner has not had the time to focus on development due to other commitments. This store is in a great location with surrounding retail businesses, restaurants and banks. Manager in place. The ground work has already been done with this existing franchise opportunity! Included in the sale is a delivery vehicle with "Pita Pit" graphics wrapping. New owner will need to be approved by the landlord and franchisor. Please be advised that this restaurant will not qualify for SBA loans or third party lending.
Frequently Asked Questions:   Price: $65,000   Cash Flow: TBD   Financing: Yes   Listing: Inactive
What is the current gross revenue for this restaurant? This is an asset sale. The restaurant has been built out to accommodate and operate as a Pita Pit Franchise.
How does the restaurant profit? Current profit is 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 $56,000. Terms to be discussed. If financing is needed for startup cost you can review additional Financing Options Here.
What is required in order to qualify for purchase? Typically, most franchise restaurants will have liquidity and net worth requirements (to be determined on an individual basis by franchisor), require the buyer to attend an interview for approval, background check, and in most cases, require you to form an entity such as an LLC or Corporation to purchase. This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation 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: royalties, payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance.
Is the restaurant property owned or leased? Currently the owner leases the property. New owner must be approved by the landlord. Note: New buyer will sign lease terms with the property owner.
Where is the restaurant located? Located in the Pensacola, Florida region. 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: walk-in freezers, counters, hoods, prep tables, chef base, sinks, ice machines, sandwich tables, smoothie station, griddles, streamers, slicers, choppers, pan, utensils, POS systems, signage, lighting, restaurant furniture etc. Also included is a delivery vehicle, a Kia Soul with graphic wrapping.
How many customers can this restaurant seat? This restaurant can seat approximately 18 inside and 12 outside.
Does the restaurant currently have a beer or liquor license? No, 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 service. A delivery service is currently being offered. The store has it's own "Pita Pit" graphic wrapped delivery vehicle.
How long has the seller owned the restaurant? Seller has owned the restaurant for 5 years.
Why is the owner selling? Owner is has another career and does not have time to develop this restaurant.
What are the hours of operation? This restaurant is operated from 11am - 10pm Monday through Sunday.
What else should I know? A great opportunity to own an existing franchise with huge potential. Pita Pit offers a healthy alternative to fast food offering a menu of quick service pita sandwiches. Priced at $65,000. Seller financing available. 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.