0 Franchise For Sale!Clifton, SC 29307

Property Details for 0 Franchise For Sale!

Year built

2019

Property size (Sq ft)

1,200 SF

Property type

Retail properties

Property subtype

Restaurants

Description

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.

Location Insight

City

Clifton

County

Spartanburg

State

South Carolina

Latitude

34.9716

Longitude

-81.8115

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