Listing Courtesy of: April Femrite - True Commercial, LLC

530 S Front Street Mankato, MN 56001

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Last updated on 10/30/2024 8:46 PM
Pita Pit Franchise for Sale in Mankato, MN. Seller Financing Available! Business assets for sale only with lease transfer, no real property included. This locally owned and nationally loved Pita Pit is a quick-serve Mediterranean style restaurant known for its fresh, high-quality pitas, salads, bo...wls and smoothies. Backed by extensive support from the franchisor and a dedicated staff, this turnkey operation is ready for new owners to continue serving â??healthy food fastâ?? to the Mankato community. Key features include: - Prime downtown location with both indoor seating and outdoor patio -Pita Pit â??Fresh Thinking, Healthy Eatingâ?? dining concept increasing in popularity -Increasing revenue year over year from 2020 to 2024 at this Mankato location - Ample growth opportunities by being open on Sundays, later in the evenings and expanded focus on marketing efforts - Proven franchise system with franchisor support including dedicated business coaches - Fully staffed team of skilled employees - Proven longevity â?? over 14 years in this location -Favorable lease terms with 5 year option to renew in 2025. Current lease rate $1918/month includes NNN expenses - Loyal customer base and community support This Mankato store is in excellent condition and comes fully equipped with over $50,000 in equipment, furniture, fixtures along with an additional $7000 in average inventory. Current owners work about 15-20 hours a week at the store combined so these duties will need to be delegated to the new owner and/or employees. Seller financing is available to a qualified buyer with as little as $10,000 down! Please do not go to the store and ask any questions. The current employees are not aware the sale is being considered; direct all inquiries to Broker. Owners selling due to other business commitments. Continue reading
MLS#
7035654
Property Type
Business Opportunities
Year Built
1881
Sewer
City Sewer

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Listing Courtesy of: April Femrite - True Commercial, LLC

Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data on this web site comes in part from the REALTOR® Association of Southern Minnesota. The listings presented on behalf of the REALTOR® Association of Southern Minnesota may come from many different brokers but are not necessarily all listings of the REALTOR® Association of Southern Minnesota are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. Copyright ©2024 REALTOR® Association of Southern Minnesota. All rights reserved.

This content last refreshed on 10/30/2024 8:46 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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