If you are seeking to get into a profitable, turnkey pizza space in a highly sought after neighborhood this is your opportunity to do so. Piedmont Avenue boasts some of the best eats in Oakland, as well as an affluent and vibrant customer base. The location and operational set up of this pizzeria has proven to keep this business profitable in good times and bad. With low overhead and flexible streams of revenue from dine in, grab and go and delivery this is the right opportunity to get into now. Insert your pizza brand and thrive. Annual sales are nearly $750,000, with SDE profits nearing $100,000. Brand and Concept are not for sale. Equipment list upon request, but includes a high end Double Decker Baker's Pride pizza oven, high end Hybrid Electric h2o heater, HD security camera system and so much more....

General Info

  • OrganizationContact For Info
  • Established2011
  • Current Owner2011
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating24
  • Square Feet925
  • ParkingStreet
  • LicensesType 41, health, business
  • Open HoursContact For Info

Lease

  • RentContact For Info
  • Expiration2/28/2021
  • Yearly IncreaseContact For Info
  • OptionOne more 5 year option
  • Deposit$4,000

Financials

  • Monthly Revenue$61,450 (2019)
  • Monthly Cash Flow$7,189 + owner pay (2019)
  • Annual Revenue$735377
  • Annual Cash Flow$86,264
  • Payroll$$19,250 (2019)

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