Great established Take Out Pizza Restaurant in a North County Inland Shopping Mail. This restaurant was built from scratch, the owner bought all brand new equipment and designed as a dine in / take out pizza service. Most of the sales are from deliveries and pick up with occasional dine in customers. Cash Flow is over $100k per year and trending upwards. Rent is currently $3,620 per month with 3 years in on a 5 year lease with 5 year option. Kitchen has 4 huge pizza ovens that can cook up to (4) four 28" pizza's in each oven at the same time. The owner installed New 10" hood with fire sprinklers and all quality equipment. The restaurant consistently has over 4 yelp star reviews and is know as the locally throughout the community. Great opportunity for a Family Owned Business....Seller Financing Options are available.

General Info

  • OrganizationCorporation
  • Established2016
  • Current Owner2016
  • Employees2
  • Reason For SaleOther Interests

Facilities

  • Seating20
  • Square Feet1188
  • ParkingStrip Mall Parking
  • LicensesBusiness License, Health Permit
  • Open HoursMon - Mon (10am -9pm)

Lease

  • Rent$3,620
  • ExpirationJuly 31,2021
  • Yearly Increase3%
  • Option5 year
  • DepositContact For Info

Financials

  • Monthly Revenue$25,330
  • Monthly Cash Flow$9,646
  • Annual Revenue$303,968
  • Annual Cash Flow$115,757
  • Payroll$$2,500

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.

Location