Can Keep The Current Franchise With The Current Phone Number Or Re-concept
Downers Grove, IL
Asking Price: $139,000
Gross Sales: $747,099
Net Operating Income: $ (Asset Sale)
Monthly Rent: $6,350
Lease Expiration: 10/2021
Options: Two 5-Year Options
Year Established: 2016
Owner Operated: Yes
Seller Financing: No
Food Type: Beef, Beer & Wine, Italian, Pizza, Salads, Sandwich Shop, Wings
Service Type: Fast Food
Business Type: Franchise
Sale Type: Asset Sale

Description:

Offering delicious thin, Chicago deep dish and gourmet stuffed pizzas, as well as BBQ, taco and gluten free pizzas. Also pizza by the slice.

Along with amazing starters, wings, salads, sandwiches, pastas and desserts.

Beverages include a self-serve fountain machine, plus beer and wine.

Simple operation - counter service. Dine-in, carryout, curbside pick-up and no-contact delivery, plus catering. Also offering pizza set up packages and partially baked pizzas that you can be cooked at home or stocked up in the freezer. Online ordering also available. Rewards club.

Nicely appointed interior with gorgeous tall ceilings, wood looking tile floors, stone wainscoting, wooden tables, iron chairs, electric fireplace, large screen tvs and more.

Well established location for over 4 years!

Can keep the current franchise with the current phone number or re-concept!

Catering truck also for sale for an additional $20,000.

Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Business Website: https://beggarspizza.com
County: DuPage
Location:

Prime corner retail space in busy strip center along with Dollar General and Family Video. Boasts great signage, visibility and parking. Near the corner of 63rd St and Fairview Ave. Close to Westmont Yard Indoor Sports Complex!

Real Estate: Leased
Facilities:

Leased space $6,350/mth gross. Current lease expires in Oct 2021 with two 5-year options. Square Feet: 2,300.
Seating: 48. Days/Hrs of Operation: Daily 11a-9:30p.

Number of Employees: 14
Support/Training:

Two weeks comprehensive training in New Lenox, IL.

Value of FF&E: Included In Asking Price
Competition:

Ideal location. Great food and atmosphere. The best beef sandwiches around. Tons of Beggars pizza fans. Has developed a recipe for success by maintaining a commitment to quality, value, service and family.

Growth and Expansion:

Local favorite franchise, bringing a delicious array of pizza and Italian food to Chicagoland area for nearly 44 years. Beggars Pizza has been "Laying it on Thick" since 1976, currently 26 locations in Illinois. Well established highly rated and recommended pizza chain. One of the top pizza places in IL!

Seller Financing Available: No
Reason For Selling: Moving out of state.