This location and amazing kitchen are priced to sell fast!
Previously a Papa John's Pizza, and now a successful Japanese Catering Company, this space can do it all. The Papa John's franchisee spent between $300k-$400k to build the space out from scratch. In 2018, the current owner invested over $160k on the space and new equipment. Business can be converted to Pizza, Boba Milk Tea, Korean fast food, Teriyaki Grill, Sushi Express.
Located just off of the 880 in Hayward in the busy Gateway Plaza Shopping Center, this kitchen and space is set up for volume. A fast casual, catering, grab&go, franchise or takeout concept would thrive in this location. With a constant flow of mall patrons, surrounding densely populated neighborhood and proximity to major thoroughfares and the 880, an operator would be set up for success.
The equipment includes: Large 16x9 Walk in Fridge, 2 1-Compartment Sinks, 1 3 Compartment Sinks, Blogett 30" Oven, 1 4-Burner w/oven, 1 Pitco Fryer, 1 24" Wells Flame Grill, 1 24" Wells Griddle, 1 12Ft Captivaire Tyoe 1 Hood, 1 88" Victory Prep Top Fridge, 1 2-door Freezer, 1 1-door Freezer, 1 3-door Freezer, 1 Catering Heat Box, Rice Cooker, 5 Metal Wire Shelves, 3 Metal Counters, 2 Hand Sinks, 1 Robocoup Veggie Cutter, 1 Overhead Food Warmer, 5 Carts, 4 Cambro Boxes, 2- 6'Racks, 10 Bus Tubs, 3 Menu Displays, 1 39" TV, and more.
Full Equipment list upon request.
- OrganizationSole Proprietorship
- Current Owner2018
- Reason For SaleOther Interests
- SeatingCounter service, some seats inside front window OK
- Square Feet1,500
- ParkingMall parking lot
- LicensesHealth & business
- Open HoursStrong sales on only 5 days a week of operating, much room to grow volume & hours
- Rent$3,040 + approx $1,300NNN & CAM (includes Garbage & Water)
- ExpirationJune 30th, 2024
- Yearly Increase3%
- Option1 5-year
- Monthly RevenueContact for Info
- Monthly Cash FlowContact for Info
- Annual Revenue$489,000
- Annual Cash FlowContact for Info
- PayrollContact for Info
- 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.