Marion IA Franchise Pizza Restaurant for Sale

Description

Franchise pizza restaurant for sale in Marion, Iowa.

The restaurant operates from approximately 2,800 sq. ft. in a retail corridor with nearby residential neighborhoods and business activity.

The location is already built out and equipped, allowing a buyer to take over an existing restaurant rather than complete a new construction project.

Seating and service

• Approximately 90 indoor seats
• Outdoor patio for approximately 30 guests
• Dine-in service
• Counter ordering
• Carryout
• Catering
• Third-party delivery
• Beer and wine service

The restaurant currently operates from 11:00 AM to 10:00 PM seven days per week.

Kitchen and equipment

• Commercial hood system
• In-ground grease trap
• Three-compartment sink
• Pizza ovens
• Commercial dishwasher
• Walk-in cooler and freezer
• Reach-in and under-counter refrigeration
• Sandwich and pizza preparation stations
• Sheet pan racks and smallwares
• Keg cooler
• POS system
• Digital menu boards
• Tables, chairs and interior furnishings

The property also includes shared customer parking and two designated carryout spaces.

Lease

Monthly rent is approximately $9,822.

The current lease runs through August 2030 and includes two additional five-year renewal options, subject to the existing lease terms and landlord approval.

Franchise terms

• Royalty fee: approximately 5% of sales
• Marketing contribution: approximately 2% of sales
• Transfer fee: approximately $10,000 at closing

The franchisor provides training, field support and marketing programs to approved franchisees.

The business currently has approximately 18 employees.

A beer and wine license is in place. Any continued alcohol service is subject to applicable licensing and transfer requirements.

Continued operation under the franchise brand is subject to franchisor approval, completion of required training and applicable transfer requirements.