This San Diego Pizza Cafe is located within steps of one of San Diego's favorite beaches and includes a beer and wine license, patio and remarkably low rent on a long term lease. The business is located in a spacious 2,300 square foot facility that includes a 1,500 square foot catering kitchen with multiple prep stations, walk-in cooler and plenty of storage.
The business has developed a strong following with its catering and baked goods segments, which have increased revenues by 25%. The owners run the operation on a semi-absentee basis, approximately 20-30 hours per week, primarily due to a well trained staff and clearly defined policies and procedures set in place.
Asking Price $289,000
The business operates from a 2,300 square foot facility that leases for $2,990 per month on a lease through October 2021 with a five year option. All of the business's furniture, fixtures, equipment and Type 41 Beer & Wine License will be included in the sale. Inventory will be sold at cost at close in addition to the purchase price.
Competition is considered to be medium as other restaurants exist in this popular beach community, however this business offers the owners higher profit margins due to the excellent lease and rate.
This business has plenty of room to grow. Additional revenues could be generated by implementing delivery service, (which is typical for a pizza restaurant but not being offered), growing the catering operation, as well as capitalizing on further increasing the bakery operation which has become an immediate favorite among clients.