A Profitable Pizza Franchise for Sale in Naroda, Ahmedabad
About Business
This profitable business opportunity is ideal for someone to take over this well-settled business. The rent of the premise is only 50,000 (may rise)/month, 2280 sq ft, first floor in a well-known commercial building at Naroda. Pizza restaurant has 80 seat capacity. There is also space for creating a separate section for party/event for up to 70 people (extra cost). The pizza restaurant is a franchise for unlimited pizza, salads, starters etc... It is a profitable venture with asking price of 22 Lakhs which includes franchise fees of 3 lakhs, GEB security deposit worth 73,000 and advance rent amount approximately 1.20 Lakh is also included in the asking price. This facility is well-equipped with kitchen utensil and items also included in the asking price. The current owner had spent more than 25 lakhs in fittings and fixtures. Profit margin is just under 20%. Turnover last year was approx 38 Lakhs, there 7 team members working in the team. Asking price of 22 Lakhs is slightly negotiable.
Reason
Have another family business where the focus is required at the moment
Keywords
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₹10 to ₹200 Cr
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