Facts
Remarks
Per Franchisor regulations, Buyer needs to contact agent and complete non-disclosure agreement and personal financial statement prior to receiving sales and cash flow information. Little Caesars is one of the largest and fastest the growing pizza carry-out chains in the world with restaurants on five continents. Franchisor requires a minimum of 700 credit score, $250,000 net worth or 70% of purchase price, whichever is higher with $100,000 liquid cash or 20% of purchase price, whichever is higher. IRA and 401K not acceptable as liquid, only items that can be liquidated within 24 hours. Restaurant experience is preferred. Lease is currently for 4 years and has an extension clause until 2032. Current rent is $2850.13 (this includes base rent of $2358.13 + tax, insurance, CAM and fees). Potential buyer must commit to 250 hours (6 weeks) of mandatory training. Inventory is not included in the sale price. Only fixtures and equipment.
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