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ZPizza Franchisee looking for $400k Startup
Posted by:
Larry Weng
on 11/19/2008 6:04:18 PM
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Funding Needed
:
$250k - $500k
Category:
Hospitality & Tourism
Website :
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Location :
San Francisco,
California,
USA
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Description:
Very successful national franchise Zpizza looking for $400K to fund first location in downtown, San Francisco. Gourmet, health-conscious pizza, sandwiches, calzones and salads. Very hot, successful concept - more info at www.zpizza.com. Zpizza rated 12 in Top 20 Emerging Concepts at Restaurantchains.net. 60 open stores with 200 in development.
10 year loan - with planned 5 year accelerated payback. Prime plus 2.75% plus 6% equity in LLC. Ownership includes franchise rights to prestigious SF, San Mateo and Marin Counties. 4 store deal and franchisee fees already paid.
Need $400K for startup. $275K for construction. $75K for capital equipment. $50K for 6 months ongoing expenses.
Time sensitive - we are in final lease negotiation. We have favorable rent and terms. Have all architect drawings and kitchen designs. Receiving contractor bids currently. All permits but health already approved.
Serious inquiries only. Will submit business plan, executive bios and projections.
Please provide as much personal info and financial statement if you have one.
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