Advert Ref: 012363

Pizza Restaurant-priced For Quick Sale! For Sale

  • Petaluma, California - North
Asking price:
$35,000
Sales revenue:
$533,540
Net profit:
Undisclosed

Photograph of this business for sale

Excellent Opportunity to own a busy pizza restaurant in a prime Petaluma Location.This restaurant has an excellent History of operation over many years and is nicely equipped. Absentee Owner is motivated to sell quickly and has slashed the price.

This location has a long history of excellent revenues and a loyal following of customers. Central location with easy access makes this a ‘go to’ spot for a quick and easy family dinner or an easy way to feed a crowd over to watch a sporting event. Well-equipped and turn key to a new owner, this business has excellent potential for continued success. The current owner is absentee and there are many opportunities for improving the business with a hands on owner operator.

Additional details:
- Excellent location on a very busy main street gives this business great exposure and provides easy access for customers with plenty of on-site parking available.
- The leased space is approximately 1039 square feet, and rent is reasonable at $4100/mo including CAM charges. Current lease term runs until 3/31/2021, and the landlord will negotiate lease extensions beyond this date.
- The location has a very long history as a pizza restaurant and it is widely known as a spot for good tasting pizza at reasonable pricing.
- Kitchen is nicely equipped and includes a Montague 2 Deck Brick Pizza Oven.
- Plenty of refrigeration on site, and all refrigeration equipment was replaced and with new equipment within the past 2 years.

Seller is motivated for a quick sale, making this a wonderful opportunity for a New Owner.. Contact Broker for additional details and to schedule a tour!

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 &/or legal advisors with regard to this information.

Property:
Leasehold
Lease terms:
The leased space is approximately 1039 square feet, and rent is reasonable at $4100/mo including CAM charges. Current lease term runs until 3/31/2021, and the landlord will negotiate lease extensions beyond this date.
Leasehold rent:
$NaN
Location:
Excellent location on a very busy main street gives this business great exposure and provides easy access for customers with plenty of on-site parking available. The leased space is approximately 1039 square feet, and rent is reasonable at $4100/mo including CAM charges. Current lease term runs until 3/31/2021, and the landlord will negotiate lease extensions beyond this date.
Premises details:
Fully equipped with lots of newer equipment on hand.
Size in square feet:
1,039

Expansion potential:
The business currently has an absentee owner. Many advantages to having a hands on owner at the location including better cost control and potential savings on labor cost. Contact broker for details.
Competition / Market:
Limited competition in the immediate area and excellent exposure on a busy main street give this Pizzeria a nice advantage with competition.
Reasons for selling:
Ready to retire from the pizza business after over 20 years with this business.
Employees:
11
Years established:
1999

Support & training:
Seller will provide a training period to the new owner.
Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
$2,000

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