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

South Bay Pizza Restaurant With Parking & Financing

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $156000
Net Profit / Cash Flow  $32000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1995
Number of Employees  4 - 5
Inventory  TBD
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller will train for 2 weeks at 20 hours per week.
Reason for Sale  Personal reasons.

Description  
This South Bay pizza restaurant for sale has parking and seller financing boasts a versatile layout with a large open kitchen, two story pizza oven, deep fryer, stove, Hobart mixer, dough machine, seating for at least 14 patrons and unparalleled freeway access. The business does 75% take-out with 80% of its sales in the pizza segment (they also do sandwiches, wings and pastas). Asking Price: $29,000 This 840 square foot restaurant leases for $2,350 per month plus $500 in common area expense (CAM) on a lease expiring in May 2015 with 2 3 year options. At the current asking price, the seller will keep his pizza oven, dough press and mixer, but all of the business's additional furniture, fixtures and equipment will be included. The pizza oven may be replaced with an electric one the seller has in storage. The Greater South Bay is a relatively competitive market. That said, this pizza venue commands fantastic market share with nearby residents and employers due to its stellar freeway access. The location has been occupied by two pizza companies over the past 19 years, so itt?s known as the incumbent delivery company in the area. The current owner, who has had the venue for 4 years, does not advertise or otherwise promote the business. As such, there is opportunity for new owners to gain top of mind awareness with local residents and the masses of very large nearby employers. The landlord will permit alternate types of food, except for Chinese and Japanese. The location could do well with an expanded menu.


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