This Pizza restaurant represents a huge opportunity to own and operate your very own restaurant and bar business for only $125,000. The present owners have been absentee and running under management since 2012. This place does need an owner operator. In 2016 the annual profit was $94,000 on sales of $650,000, 2017 annual sales were $554,000 and some profit was still made under management. With a new owner/operator this restaurant will thrive once again. 2,485 sq ft of modern, usable space with a nice kitchen with a Type 1 hood and fire suppression system using a double stacked conveyor Pizza oven, deep fryer, 60 qt Hobart dough mixer, walk in cooler, full prep and storage areas. The bar has 6 beers on tap, 6 barstools and a granite bar top. The dining room has seating for 100 with a private area using high bar tables, booths and a variety of tables & chairs all sitting on a low maintenance, painted concrete floor. There is also a salad bar, game machines and a large outdoor patio seating 50 under low voltage light strings. All the equipment is owned even the dishwasher and ice machine, no monthly leases! For $125,000 all the equipment, the beer and wine license and the 6 year name and goodwill is included. The seller may even carry a small portion of the purchase price to well qualified, experienced buyer's with good credit and excellent financials. Please complete the 'Non Disclosure Agreement' on our site and we'll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established2012
  • Current Owner2012
  • Employees12
  • Reason For SaleOther Interests

Facilities

  • Seating156
  • Square Feet2485
  • Parking50+
  • LicensesHealth, Business & ABC Type 41 License
  • Open HoursSun - Thurs 11am - 9pm Fri & Sat 11am - 10pm

Lease

  • Rent$4,733 Including NNN
  • Expiration2021
  • Yearly Increase3%
  • OptionNegotiable
  • Deposit$4,970

Financials

  • Monthly Revenue$46,142
  • Monthly Cash FlowContact For Info
  • Annual Revenue$553,704
  • Annual Cash FlowContact For Info
  • Payroll$$17,740

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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