530 S Front Street Mankato, MN 56001
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, bowls and smoothies. Backed by extensive support from the franchisor and a dedicated staff, this turnkey operation is ready for new owners to continue serving âhealthy food fastâ to the Mankato community. Key features include: - Prime downtown location with both indoor seating and outdoor patio -Pita Pit âFresh 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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyBlue Earth
- Taxes$18,345
- HOA/Condo/Coop Fees$0
- Days on Site52 Days
- MLS StatusActive
- MLS ID Number7035654
- Home Size Source N/A
- Year Built1881
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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