Pizza Restaurant
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $480000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description Great shopping center location for this well known pizza restaurant surrounded with lots of shops, hotels, mall and Marine World. Monthly rent is $5,300 including water and garbage. PG & E is $1,000. Average advertising costs are $1,000 per month. This is a 3,300 sq. ft. building. The lease expires July 2007 and there is a 1 x 5 year option. Monthly employee wages are $8,500. Monthly credit card fees are appoximately $650 per month. Royalty fee to franchise is 8% and 2% fee back. Hours of operation are 11 am - 10 pm daily and 11 am to 11 pm Friday and Saturday. Seller claims that gross annual sales are approximately $480K. Asking $430k. Contact for more information on this Pizza Restaurant for sale.
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