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Listing #3495 | Huge Huge Price Reduction for this Highly Profitable, Long Established Full Service Pizza Restaurant |
Price: $79,000 |
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This is a great opportunity to own and operate a long standing, highly profitable Pizza Restaurant on a major thoroughfare in a city about 40 minutes north of Sacramento. This sale represents your opportunity to be your own Boss for a minimal investment and enjoy the lifestyle of owning your own Business. The interior of this business is turn key and shows well. Take a look at the photos and you'll see just how nice it is. There are over 100 seats and a private dining room for party's and group occasions. 3300 sq ft of dining and kitchen. That's Super-Sized in the Pizza Business. The Restaurant is turn key and minimal investment is required. Just purchase, own, organize and grow the Restaurant to enjoy a good life style from the hussle and bussle of the city but just an hour from Sacramento.
LOCATION: Situated on the main Hwy, in the center of town. This Pizza restaurant sits in a outdoor mall, near schools and a highly populated residential area.
LEASE TERMS: The fantastic lease terms make this Pizza bar opportunity one of the best you’ll find in this market. Total monthly rent is only $2,940 for 3,300 total usable square feet. Folks!! THAT’S LESS THAN A $1.00 per square foot. Not only is that amazing monthly rent, the lease terms get even better. The monthly rent is FIXED at this rate and increases ONLY by 3% or the consumer price index.
Let’s be honest. Most landlord’s charge what feels like an arm and leg for rent. This restaurant’s incredible lease terms make it extremely possible to make a good profit year on year. Many upgrades were completed in 2010.
FINANCIALS: This locaiton's revenue in 2011 were $420,000 showing Profit of $70,000.
HISTORY: Buy the existing Pizza Restaurants long standing reputation, concept, lease terms, furniture, fixtures, equipment, and Beer and Wine license OR bring Your Own concept and take advantage of the fantastic lease terms, furniture, fixtures, equipment.
The Seller has stated that the business was extremely strong in previous years prior to the downturn in the economy. This is a great indication this will repeat with increased stability in the economy. Now is the time to take the Leap into Business Ownership and enjoy ownership Lifestyle.
HOUR OF OPERATION: Presently the Restaurant is open for 11.00am to 10.00pm daily. There is huge scope to increase business with a delivery service and Pizza party's, especially in this busy location.
REASON FOR SELLING: The Seller has many outside business interests and in 2011 was absentee and wishes to concentrate on her other business.
This is a Paramount Restaurant Brokers, Inc., Listing. A California Corporation
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| Listing Status: |
Available |
| Price: |
$79,000 |
| Location: |
CA Sacramento Metro Businesses For Sale
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| Last Year's Annual Gross: |
$421,267 |
| Last Year's Adjusted Net: |
$70,228 |
| Lease Information: |
Expires February 2012 + 1 year options |
| Monthly Rent: |
$2,940 |
| Liquor License: |
41 |
| Indoor Seating: |
100 |
| # of Part-Time Employees: |
10 |
| # of Full-Time Employees: |
3 |
| Hours Open: |
Sun - Thurs 11am-9pm
Fri and Sat 11am-10pm |
| Year Established: |
1950 |
| Inside Sq. Ft.: |
3300 |
| Hood System: |
No |
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- Priced at $79,000 and made $70,000 Profit in 2011
- Priced very low to sell quickly
- Nice country living near the Capital City
- Turn Key operation
- 3300 sq ft and extremely Low Rent
- Private dining room for group dinners
- 2 fireplaces for those cozy winter nights
- Good Kitchen with large walk in Fridge
- 100+ seats for spacious dining
- Plenty of parking
- High main road visibility
- In present ownership for 11 years, great reputation
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