This family owned pizzeria has been operating for 30 Years under the same name. It is an anchor business for this South City location with huge local support and accolades. This corner and main street location is now being surrounded by hundreds of new apartments, an updated CalTrain station, huge high tech businesses and more. It neighbors one of the largest high-tech boom areas in the Bay Area. The business is a preferred caterer of the largest South City Big-Pharma/Biotech Company and other immediate companies, helping gross over $50,000/month in outside catering volume during 2019. Catering and volume is again starting to rebound currently. The large kitchen and two type-1 hoods allow for high volume, high catering production and huge takeout and delivery potential. This space essentially has two kitchens, as it the current owner combined two units during the remodel in 2010. A new owner could easily run two concept or run the pizzeria and commercial catering business out of the versatile space. A new operator may also just want to expand the Pizzeria's hours past 9pm, or expand weekend hours to include brunch to grow volume further. The business has a dedicated parking lot, sidewalk seating, lounge and bar area, ample dining space and a private dining area. Jump on this opportunity, and position yourself for success in 2022 and beyond! Equipment list upon request.

General Info

  • OrganizationLLC
  • Established1990
  • Current Owner2007
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating80
  • Square FeetApprox 3,500
  • ParkingDedicated Parking Lot & Easy Street Parking
  • LicensesType 41, health, business
  • Open Hours11am-9pm Daily

Lease

  • Rent$12,800 plus NNN
  • ExpirationJune 30,2022
  • Yearly Increase3%
  • Option1 5-year
  • Deposit$11,849

Financials

  • Monthly Revenue$100,000 (2020), Almost $200,000 in 2019
  • Monthly Cash FlowContact for Info
  • Annual RevenueContact for Info
  • Annual Cash FlowContact for Info
  • Payroll$Contact for Info

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.

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