Restaurant Realty Company is pleased to report the sale of New York Pizza in San Mateo County, California. The restaurant for sale was marketed by Restaurant Realty Company and the transaction was completed in February. The terms of the transaction are confidential.
Excellent pizza business opportunity to purchase an established operation with consistent sales and profit. Close proximity to residences, businesses and airport, easy freeway accessibility, along with constant high traffic and great visibility. This is a very efficient, streamlined operation that derives a high percentage of its sales from deliveries and take-out business. The premises is very clean and tidy, with slate floor tiled seating area, accommodating 18 customers in a relaxed and cozy environment. Behind the customer service and order counter with 2 POS terminals, is a semi exhibition style quarry tiled kitchen dominated by a 15’ type one hood, two deck gas conveyor pizza oven, 6-burner sauté station with stainless table, double fryer, 2-door sandwich fridge, 4-door pizza prep fridge, 1-door beverage merchandiser, LCD production order screen, and a separate delivery driver LCD order screen. A large rear storage and prep room features a large 8’Wx8’Dx8’H walk-in cooler, 60 qt Hobart Mixer, 3-door reach-in freezer, 3-glass door merchandiser fridge, 3-compartment sink, single compartment prep sink, stainless work tables, and shelving units. There is also another separate storage room with office area with an adjacent employee restroom. There is also an ADA restroom off the seating area for customers. The business is monitored by a camera surveillance system in place. The rear of the premises has a man door and large roll up door for ease of deliveries. The all-inclusive monthly rent is broken down by $2,080 base rent + $326 NNN charges, which includes two dedicated parking spaces for the business. The location allows for quick customer in and out pick up for take-out orders, and delivery drivers have easy access to main routes and the freeway. The is very good opportunity for the single hands on owner, a partnership or as a family run operation, with a fairly simple transition for the buyer to take over from the current ownership role.
If you are interested in buying or selling a restaurant in San Mateo County or leasing a restaurant space in San Mateo County or anywhere else in California, please contact Restaurant Realty Company. Restaurant Realty specializes exclusively in the sales, acquisitions and leasing of restaurants, bars and nightclubs. Our listings include restaurant real estate, restaurant related businesses for sale, restaurant franchises for sale, and restaurant space for lease. If you are ready to sell a restaurant, bar or nightclub in San Mateo County or anywhere in California, please contact us to start packaging your listing for a successful sale like the former owners of New York Pizza.