Price reduction to $245,000 for this 1,220 sq ft Pizza restaurant with seating for 30, a popular Bar with an ABC Beer & Wine license located near Folsom. Annual Revenues of $581,000 with profits of $102,000 and a Low annual rent of $28,000 (4.8% of revenues). Located in small strip mall on Major Thoroughfare with high visibility and great curb appeal. Delivery in local area is a good portion of business and the sale includes a delivery Van. The kitchen is designed for Pizza with a Type 2 hood, Pizza triple deck oven with ample worktops and refrigeration. With a 6 year reputation in the local area this business thrived during the pandemic and continues to do exceedingly well. To receive more information and discuss this opportunity with the broker please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationLLC
  • Established2000
  • Current Owner2016
  • Employees14
  • Reason For SaleOther Interests

Facilities

  • Seating30
  • Square Feet1,220
  • ParkingAmple
  • LicensesHealth, Business & ABC Type 41
  • Open Hours11.00am - 9.00pm Daily

Lease

  • Rent$2,350
  • ExpirationNegotiable
  • Yearly IncreaseContact For Info
  • OptionNegotiable
  • Deposit$1,770

Financials

  • Monthly Revenue$48,416
  • Monthly Cash Flow$8,523
  • Annual Revenue$581,000
  • Annual Cash Flow$102,270
  • Payroll12,427

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.

Location