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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Price Reduced - 150 Seat Pizza Restaurant

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $600000
Net Profit / Cash Flow  $72000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased

Description  
Price Reduced - 150 Seat Pizza Restaurant With Full Fry Kitchen And Abc Type 41 License RRC#: 1884 Asking Price: $120,000 Location: 420 Elkhorn Blvd, Sacramento, California Yearly Revenue: $600,000 Yearly Cash Flow: $72,000 Monthly Rent: $7,365 LISTING DESCRIPTION: PRICE REDUCED to only $120,000! Located in a large Mall, this busy Pizza restaurant has 4000 sq ft, seating up to 150 guests, plus take out and delivery. Here is the best part, there is a full fry kitchen with a 10ft hood and fire suppressant system as well as 2 conveyor type Pizza ovens. This means Steaks, Burgers & Fries and all cooking can be provided, thereby expanding the menu. This Restaurant is completely turn key with no additional investment required. Because of the size and the full kitchen, this restaurant could be full service dining or remain a Pizzeria. The Kitchen is equipped with 2 double fryers, flat top, 2 burners, 2 counter refrigerators, 15ft x 15ft walk in cold room, large Hobart mixer, ample s/s work tops, automatic large slicer, Type 1 and Type 2 10ft extraction hoods. The dining room is a mix of 12 booths, table seating and high bar style seating. There is also a private party area seating an additional 50 seats all shown in a clean, first class condition and ready for a new owner. Priced at only $120,000, completely turn key with an annual profit of $70,000+, this restaurant is a winner! GENERAL INFORMATION: Organization: Sole Proprietorship | Year Established: 2000 | Current Owner: 2011 | Seating: 148 | Square Footage: 4000 | Parking: 50+ Mall Parking | Licenses Required: Health, Business and Type 41 | Days Open/Hours: Sun-Weds 11-9 Thurs Fri & Sat 11-10 | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $600,000 | Yearly Cash Flow: $72,000 | Payroll: $7,500 | LEASE INFORMATION: Monthly Rent: $7,365 | Lease Expiration: 2016 | Yearly Adjustment: 3% | Lease Option: Negotiable | Security Deposit: 12000 |


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