This has been a pizza restaurant for many years and is centrally located. The restaurant is a free standing building and has high visibility and easy access and sits on a major thoroughfare. The restaurant has a private dining room which seats 40, and outdoor seating area that seats 20+ and the main dining area. There is upside for in house sales as the owners are absentee and as 65% of its sales are take out and delivery sales. Some of the equipment includes as follows: 7' type 2 hood, 2 full deck pizza ovens, 2 flat screen TV's, 1 door under counter refrigerator + sandwich station, utility sink, 2 walk-in refrigerators, walk-in freezer,2 hand sinks, sheeter, 3 door under counter refrigerator + sandwich station, 1 door under counter refrigerator, microwave, 6 employee lockers, ice bin, 2 door under counter refrigerator + 3 taps, 2 full door glass refrigerators, dishwasher, 2 compartment sink + rinse hose, floor model mixer, mop sink and Rapid Fire ordering system, etc. There is also a unisex ADA restroom, employee restroom, storage areas and office area. The rent in the option periods is adjusted by CPI with a minimum of 3% yearly and a maximum of 6% yearly.

General Info

  • OrganizationContact For Info
  • EstablishedContact For Info
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating80 + 20+ outside
  • Square Feet2,246 + outdoor seating
  • ParkingParking lot
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open Hours7 / 11:30a to 10p

Lease

  • Rent$6,400 all inclusive
  • Expiration3/31/2016
  • Yearly IncreaseFixed increases and options at CPI
  • Option2 Five Year Options
  • DepositContact For Info

Financials

  • Monthly Revenue$42,000
  • Monthly Cash Flow$6,850
  • Annual Revenue$522,000
  • Annual Cash Flow$130,908
  • 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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