After 37 years, the owners of this highly successful Pizza and Italian restaurant are ready to retire and pass on years of goodwill to a well-qualified operator. This is your chance to capitalize on the low-interest rates in today's market while they last and lock in a great deal. The restaurant and business together are pre-qualified for an SBA long-term (25year) loan with just 10% down. Therefore, an experienced operator with strong financials would be able to purchase this business investment with the SBA guarantee of 10 percent of the purchase. The Investment would also be able to pay the debt service on the loan and still have plenty of cash left over for the new owner. This is also a pandemic-proof business as they have made more money in 2020 than in 2019. With $1,500,000 plus in annual sales and over $200,000 in seller's discretionary cash-flow, this is a rare find indeed. This investment will pay for itself and provide a great income for your family. The real estate Includes approximately 3,000 plus sq ft fully equipped free-standing restaurant which is right off the I-5 freeway exit, with approximately $200,000 in solar equipment installed and a huge parking lot. The attractive dining room creates a friendly atmosphere seating approximately 84 with large booths, tables and two ADA compliant bathrooms. An enjoyable dining room and a semi-open kitchen give the restaurant a warm cozy feeling. The sale also includes all fixtures and equipment sufficient to operate a high volume restaurant some of which are solar panels, solar system, several cold tables, 4 POS work stations w/ printers, Hobart 60 qt mixer, three compartment sinks, water heater, Ice machine, walk-in cooler, 2 freezers, security cameras, monitor for cameras, PA system, grill, fryers, Type 1 hood with Ansul fire suppression system, Type 2 hood for double-stack Lincoln Impinger pizza oven, 4 big TV screens sporting digital menus, several big-screen TVs throughout the restaurant, deli case for dessert displays, several beer taps built into the walk-in, office with computer, video monitors and much much more. Included in this deal are the real estate, leasehold improvements, fixtures and equipment, licenses, name, menu, concept, and goodwill are all included as part of the sale. SBA Pre- Approved at just 10 percent down ( leverage your money ) Long term (25 years) SBA loan with low-interest rate Locked in now Beer and wine license included Just about Million Dollar Real Estate included with the sale ( no Landlord to pay ) 37 year well established successful business ( don't reinvent the wheel ) Turnkey OPERATION Freestanding building Right off I-5 freeway access ( Built-in Business year-round ) Right next to an RV resort  that is a full year-round Over 1.5 million in annual revenue Over $200,000 worth of solar panels  which produces huge savings in operations Contracts are available to new owners The Investment that pays for itself over and over Can be run as absentee owner with management and systems in place Huge upside potentials are available to new owners of at least $260,000 Pandemic Proof Business with YOY sales increase Great family fun business Good verifiable books and business records make easy financing Great patio dining included Financial information such as tax returns, balance sheets, P & L, bank statements, POS reports, or merchant statements are only available to committed buyers who have signed an NDA, have proven purchase funds, and good credit. Complete the Non-Disclosure Agreement on our website and we'll send you the full financial information and list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity as well the broker's connections for a long-term SBA loan solution. No Co-Broker

General Info

  • OrganizationCorporation
  • Established1980's
  • Current OwnerContact For Info
  • Employees20 PT/ 10 FT
  • Reason For SaleRetirement

Facilities

  • Seating84 Inside + 35 Patio
  • Square Feet3,000 PLUS
  • ParkingLarge Parking Lot w/ attached Solar
  • LicensesHealth, ABC 41, Business
  • Open HoursTuesday-Sunday 10:30am- 8 pm

Lease

  • RentN/A
  • ExpirationN/A
  • Yearly IncreaseN/A
  • OptionN/A
  • DepositN/A

Financials

  • Monthly Revenue$125,000
  • Monthly Cash Flow$16,000
  • Annual Revenue$1,500,000
  • Annual Cash Flow$200,000
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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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