Advert Ref: 5107

Pizza Restaurant - High Cash Flow Great Area For Sale

  • California - North
Asking price:
$225,000
Sales revenue:
Undisclosed
Net profit:
$100k - $250k

Photograph of this business for sale

Established and busy, neighborhood pizza restaurant located in a great retail center. The restaurant offers pizza that is well-recognized in the community and has received excellent accolades. This business is completely turnkey with ample opportunity for growth for an owner-operator. The restaurant enjoys a strong cash flow of over $120K and will qualify for an SBA loan. The owner will consider financing to a qualified buyer with a reasonable down payment.

Additional Details:

-Restaurant is 1,000 square feet (approx.) with inside dining for 40 (approx.) and outside patio seating for 10 (approx.)

-Equipment includes 8'-0' (approx.) Type-2 Hood with 2'-0' (approx.) extension; Wells 2-burner electric, table top stove; Double Stack Baker's Pride Pizza ovens; 2 Kegerators with draft trees; Hoshizaki ice machine; Berg 2'-6' prep station with single door refrigerator; True single door freezer; Beverage Air triple door refrigerator; three compartment sink with spray nozzle; single compartment sink; utility sink and more.

-Established in 2012, the restaurant is open 7 days per week, 11:30am - 9:00pm.

-Owner supervises operations for approximately 8 hours/week with 1 full-time with 12 part-time employees.

-Inventory of approximately $5,000 is not included in the purchase price and is available for buyer to purchase at wholesale cost.

-Premise is licensed with at Type-41 Beer and Wine ABC license.

Price Includes: Furniture, fixtures and equipment, menu and recipes, company website, training period, leasehold interest, leasehold improvements, and goodwill. Some personal items may be excluded from the sale. Inventory is not included in the sale and is available for Buyer to purchase at wholesale cost.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information.

Property:
Leasehold
Lease terms:
Current rent is $1,756.04 monthly, plus $900 (approx.) CAM charges. Current term expires May 2022. Landlord will negotiate a longer-term lease for a qualified buyer.

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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