For Sale
$220,000

0 Franchise For Sale!Clifton, SC 29307

Established Restaurant, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
114
This thriving Papa John's franchise, located in Spartanburg, South Carolina, presents a unique opportunity for ownership. The 1,200-square-foot restaurant, built in 2019, boasts a prime location within a rapidly expanding market, ensuring a consistent flow of customers. The current lease, expiring February 27, 2026, offers a five-year term with options for extension, providing long-term stability. Monthly rent, inclusive of base rent and CAM fees, is $1,560. The asking price is $220,000. This turnkey operation includes all necessary equipment, such as two conveyor pizza ovens, a walk-in cooler, digital screens, and ample prep space. The restaurant also features a drive-thru window and indoor seating for eight. A comprehensive training program is included in the $4,000 transfer fee, providing support for the new owner. The franchise agreement includes access to Papa John's national marketing resources and ongoing operational guidance. Currently employing eight staff members, this well-established business offers immediate revenue generation and the potential for continued growth within a vibrant and expanding community. The restaurant is equipped with a commercial-grade ceiling exhaust hood system with fire protection. The seller is retiring, presenting a rare opportunity for a new owner to step into a successful, established business.

Highlights

  • Two conveyor pizza ovens, walk-in cooler, two digital screens, and various kitchen equipment including prep tables, sinks, warmers, and slicers.
  • Franchise training provided.
  • Owner retiring.
  • Strong market demand due to population growth and support for local businesses.
  • Positive growth potential from local government initiatives and community focus on local dining.
  • Eight employees.

Property Details for 0 Franchise For Sale!

Property type
Retail properties, Restaurants
Square Feet
1,200 SF
Year Built
2019

Location Insight

City
Clifton
County
Spartanburg
State
South Carolina
Latitude
34.971566
Longitude
-81.8115051
Franchise For Sale!, Clifton, South Carolina

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