Johnny's Pizza House: Covington, LA

Business Opportunity for Sale
Also listed as Hospitality
Catylist Listing ID: 30446524
Property Subtypes: Food and Beverage
Building Size (RSF): 2,778 SF
Sale Price: $195,000
Name of Establishment: Johnny's Pizza House- Covington
Business Website Address: https://johnnysph.com/
Franchised Business: Yes
Franchise Parent Name: Johnny's Pizza House, Inc
Year Business Established: 1967
Gross Revenue: $597,000 (Annual)
Cash Flow: $103,000 (Annual)
Cash Flow Type: EBITDA
Sale Terms: Owner financing for qualified buyer
Last Updated: 11/9/2019

Overview / Comments

Vibrant, profitable, turn-key Johnny's Pizza House Franchisee located in Covington, Louisiana.

Johnny's Pizza House, Inc. (JPH), Franchisor, operates 37 company owned restaurants, and has granted 12 franchisee locations. JPH has been in business since 1967, 52 years.

Additional Details

Nearest MSA: Hammond
County: Saint Tammany
Industry Segment: Restaurants
Reason for Selling: Seller desires to open another Johnny's Pizza location
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $125,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: month to month
Employee/Labor Description: Hourly employees
Mgmt/Training Support Description: Franchisor requires 6 weeks of training at its headquarters in West Monroe, Louisiana
Competition/Market Description: Located in Covington, LA., St Tammany Parish, estimated population, 258,111. Population growth estimated at 10.4% April1, 2010 - 2018 (Source US Census website)
Seller Financing Description: Seller financing to qualified buyer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,021 34,272 70,974
Median Age: 37.02 41.17 40.32
Households: 2,681 13,367 27,056

Contact

Photograph of Listing Agent

Ron Stewart

Kaiser Sotheby's International
Gulf Coast CMLS Member
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