This well-known family-run pizza restaurant in Simi Valley, established in 2013 has been serving authentic Italian food with high-quality fresh local ingredients with consistently good food under local ownership. It is located at a busy cross street adjacent to a community college. Whether celebrating a special occasion or gathering the family for an informal dinner, this restaurant strives to make every guest feel special and indulged with their high quality, delicious Italian cuisine. They also do an active take-out & catering business. Public parking. Great lease terms. Turn key. Also, includes an adjacent bar with beer/wine license for additional revenue. All recipes will transfer with the sale and the dedicated staff will remain which will aid in keeping the quality consistent. The seller will train the new owner to insure a smooth transition of ownership.

General Info

  • OrganizationCorporation
  • Established2013
  • Current Owner2016
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating60
  • Square Feet2200
  • ParkingPublic lot
  • LicensesHealth permit, ABC
  • Open HoursMon - Thurs 11:30a - 9p; Fri/Sat 11:30 a - 10 p, Sun 11:30a-7p

Lease

  • Rent$4,500
  • Expiration2021
  • Yearly IncreaseContact For Info
  • OptionTwo 5 year options
  • DepositContact For Info

Financials

  • Monthly Revenue$30,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$360,000
  • Annual Cash FlowContact For Info
  • Payroll$$9,500

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