Established Papa John's Restaurant

Undisclosed Address, Rhode Island
Business Opportunity for Sale
Catylist Listing ID: 30681181
Property Subtypes: Food and Beverage
Building Size (RSF): 2,000 SF
Sale Price: $135,000
Name of Establishment: Papa John's
Business Website Address: http://www.papajohns.com
Year Business Established: 1996
Gross Revenue: $600,000 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 2/17/2021

Overview / Comments

Papa John's established national franchise in business for 25 years. This is a great opportunity to walk into an existing, thriving franchise location that has been a staple of this busy plaza for over 2 decades. The surrounding businesses within this vibrant plaza include Planet Fitness, Dollar General, Save A Lot, EB Lens, Extreme Clean Laundry and more.
This location includes all existing equipment, 2 point of sale stations, full surveillance camera system, private bathroom, private office, walk-in cooler and abundant storage space.
Favorable lease in place provides long term security.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner leaving the state
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $95,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: A new franchisee must attend the Papa John's training for new owners. A fee of $4,000 paid to Papa John's is required for franchise transfer. This fee covers the cost of training but travel and accommodations are the responsibility of the purchaser.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,055 20,947 38,640
Median Age: 41.9 43.9 44.31
Households: 433 8,398 14,886

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