819 N Riverside Dr.

Business Opportunity for Sale
Catylist Listing ID: 29923242
Property Subtypes: Food and Beverage
Building Size (RSF): 4,000 SF
Sale Price: $319,000
Name of Establishment: Pizza 9
Business Website Address: http://www.pizzanine.com/home
Franchised Business: Yes
Franchise Parent Name: Pizza Nine Franchise Corporation
Year Business Established: 2008
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Possible Seller Financing with substantial down payment
Last Updated: 7/19/2018

Overview / Comments

Pizza 9 location in Espanola owned by the Franchisor is now for sale to an incoming Franchisee. The first year of sales were unbelievable at over 1 million dollars, so this is your chance to join the Pizza 9 team with all the business startup headaches out of the way and strong sales and profit already coming in the door. There will be only one Franchise territory granted in Espanola, so this is a one time chance to capture this ripe market and own a piece of the fastest growing pizza chain in New Mexico. The buyer will have to become an approved Franchisee of the Pizza 9 corporation prior to purchase. Please contact Mike Barker at 505-401-6268 for more details or to schedule a tour.

PROPERTY HIGHLIGHTS
• Turn-Key operation ***Over 1 million in annual sales***
• All staff in place with training already completed
• Incoming buyer will be provided comprehensive training by Franchisor
• Store opened on November 9, 2015
• Strong frontage and street presence on N. Riverside Dr.
• Exclusive parking with cross access to adjacent shopping center
• Full territory rights for Espanola
• Favorable lease terms on property
• Call Mike Barker @ 505-401-6268 for more info

Attachments & Media

Additional Details

Nearest MSA: Española
County: Rio Arriba
Industry Segment: Restaurants
Reason for Selling: Franchisor is opening stores and selling to franchisees turn-key.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: New 5 year lease with favorable lease terms. Contact broker for details.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,390 15,780 20,432
Median Age: 36.1 36.87 37.49
Households: 2,524 6,181 7,914

Contact

Photograph of Listing Agent

Michael J Barker

Western States Commercial Real Estate
CARNM CIE Member
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