Pizza restaurant in upscale neighborhood with high traffic count and easy access to the freeway. Very well established with over 20-years of history. Great central location perfect for delivery and take-out. Approximately 1100 sq ft. Just over 10-year lease remaining. Type 41 ABC License. Long time ownership retiring and offering this up as a busy, up and running primarily delivery, pick-up and catering restaurant operation. Chef owner or energetic partnership will thrive here, with a new menu or continuing the current one. Includes table and chair seating of approx. 20. All inclusive monthly rent for 1,100 sq. ft. premises, is $5,365, that breaks down to $4476 base rent, $180 CAM, $162 insurance and $546 taxes. Lease term runs until May 2028 with 4% rent annual increase. 2 pizza ovens with enclosed hoods, 2 walk-in coolers, pizza/salad prep refrigeration equipment, 60qt mixer, commercial slicer, 3-compartment sink, prep and hand sink, ample storage with rack wall shelving. The business name, menu, recipes, equipment, type 41 liquor license, tenant improvements, etc. are all included. Buyers may also bring their own concept and purchase the premises assets, liquor license, leasehold improvements and assume the lease and rent terms.

General Info

  • OrganizationContact For Info
  • Established20 years
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating20
  • Square Feet1,100
  • ParkingStreet
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open Hours7 /M-SA 11a-9p; S 12:30p-9pm

Lease

  • Rent$5,326
  • Expiration28-May
  • Yearly Increase4%
  • OptionContact For Info
  • DepositContact For Info

Financials

  • Monthly Revenue$83,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$996,000
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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