Buyers have a fantastic opportunity to take over this beautiful premises, built from the ground up as a wood fired pizza operation. The business name is not included in the sale. This is an opportunity for a buyer to take over the premises, acquire the equipment, ABC beer & wine license and assume the very attractive lease and rent terms. The restaurant offers counter seating and tables inside, and a large outdoor patio seating area with iron railing, planter boxes and gas heaters. The wood fired oven is used for a variety of menu items from baking to grilling roasting. The service counter features 10-beers on tap, glycol chilled from a large walk-in cooler, two multi function beverage guns, 2-door bar fridge, 2-door wine cooler, ice well chiller and a POS system with 2-terminals . Equipment in addition to the wood fired oven with its self contained hood includes a 3-door pizza prep table, cooker/holding unit, 3-compartment bar sink and hand sink. There is a 450 sq. ft. prep. kitchen with the 16'W x 8'D walk-in for beer keg and food refrigeration with glycol chiller controls, wire rack shelving units, dough mixer, small convection oven, induction burnet, large prep sink, 3-compartment sink, hand sink and mop closet, stainless prep tables, large ice machine, and various food processors. The prep kitchen is situated in a way to service the restaurant and accommodate some serious catering volume. The wood fired oven allows fast pizza production with high temperature baking. This location provides flexibility for a variety of operations, and is ideal for a chef owner looking to specialize in a pizza, small plates, wine and craft beer concept, a menu of BBQ or roasted meats, and many others. Base rent is $2,831 thru Aug. 1, 2019, $3,044 thru Aug. 1. 2021, and $3,272 thru Aug. 1, 20123. NNN is $395/mo. which includes water and garbage for the restaurant. This unique restaurant, in a great location, with very desirable rent and long lease term will be very attractive to buyers seeking reasonable terms for a premises that's ready to go.

General Info

  • OrganizationContact For Info
  • Established2013
  • Current Owner2013
  • EmployeesContact For Info
  • Reason For SaleContact For Info

Facilities

  • Seating30 inside, 40 outside
  • Square Feet1,150 inside + 300 patio
  • ParkingStreet
  • LicensesBusiness, ABC Type 41 (beer & wine), Health
  • Open HoursMon-Thurs: 3-9pm Fri & Sat :11am-9pm Sun:11am -8pm

Lease

  • Rent$3.226 all inclusive
  • ExpirationJuly 2023
  • Yearly Increase3 1/2%
  • Option(2) 5 yr
  • Deposit$4,900

Financials

  • Monthly Revenue$32,700
  • Monthly Cash FlowContact For Info
  • Annual Revenue$392,400
  • 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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