features endless buffet of fresh salads, savory pasta, delicious desserts and fresh from the oven pizza. Great Opportunity.
This franchise pizza restaurant for sale invented the buffet concept and the sales and profit show it delivers on the promise. In 2008 CiCi's was ranked #1 in the pizza industry by Franchising Business Review. Nation's Restaurant News has ranked CiCi's #1 for sales and unit growth in the pizza chain category for the past three years. StartupJournal.com, the Wall Street Journal's guide for entrepreneurs, ranked CiCi's as one of the 25 highest -performing brands in the nation. That's a lot of credentials for a restaurant featuring dough made from scratch everyday, sauce with a blend of vine-ripened tomatoes and spices and signature salads.
2010 sales through September 2010 are $547,030. That means they would end the year with $725,000 in sales. That's on par with 2009 sales which total $750,000. The owner has himself sideways with the franchise so someone can take this restaurant over for a seriously great deal.
There are approximately 650 CiCi's all you- can-eat pizza buffet restaurants and growing! Currently there are over 300 new restaurants at various stages of development. This location fits the model for the all-you-can-eat, affordably-priced buffet featuring pizza, pasta, salad and dessert in an approximately 4,000-square-foot restaurant with 160 seats; buffet and takeout; payment by cash or check, credit/debit.
Rent is approximately $5600 a month which leaves plenty of room for profit in these sales numbers. Gorgeous up to date decor is spot on with the latest franchise requirements.
A new CiCi's buffet franchise investment has an estimated initial investment ranges from $458,550 to $727,700. Of the total store cost, 30% must be in cash in order to qualify for a loan for the balance. You can buy this entire operating location which is profitable and has high sales levels for less than $150,000.
You must still qualify financially with the franchise. A CiCi's owner/operator serves as the General Manager of their restaurant, devotes their full time and attention to their CiCi's business, and may not have any other business interests.
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