REDUCED Asking Price: $199,500

Incredible opportunity to buy a brand new Rosati's franchise pizza location at a fraction of the cost of a new startup. This location in the East Valley was always a great producer for this well known chain of restaurants, generating between $18k-$20k a week in sales a few years ago. Unfortunately a new and inexperienced franchisee took over the location and ran it into the ground until they eventually closed it. The Franchisor believes so much in this location that they negotiated a new 10 year lease with the landlord and have invested over $300,000 in a renovation including several pieces of new equipment. This is a take out and delivery location and was just outfitted with a brand new top-of-the line XLT Conveyor Oven capable of producing a high quality pizza in around 8 minutes. Construction was completed in late April and the new store opened in early May with corporate managers and local hourlies. The Franchisor plans to spend a large amount of marketing dollars to re-launch this location and build it back up to what it once was. They have taken care of all the permitting, construction, equipment, IT, Suppliers, staffing, etc. This is a turn-key opportunity for an experienced operator that can replace the corporate managers themselves or with new managers. The Franchisor will even offer some seller financing to a proven operator with experience, a track record of success and a minimum $100,000 down payment. All inquiring parties will be required to complete a confidentiality agreement before receiving any more information.