$2,500,000
Pizza Parlor
- Status: Sold
- Price: $175,000
Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
Description
Pizza Parlor
Net $120,000/year
This is a great location with over 2500 sqft. restaurant pizza parlor in the busy shopping center with a $4,500/m rent + NNN. It does average $38,000/m sale (30,000/ m food + 8,000/m beer & wine). Same family operator for over 20 years. Owner claims over $10,000 net profit per month. 1 1/2 year lease + 5 year option or we can negotiate for a whole new lease. Seller is retiring and can reduce the price for a quick sale. VERY MOTIVATED SELLER. Asking price $175,000
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Restaurant
License(s) Required:
Business, Health
Hours of Operation:
Mon-Fri 11 AM-9 PM
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4315
Date Available:
09/07/2023
Reason For Sale:
other interest
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- 120,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 4,500/m
- Lease Expires:
- Lease Option:
- 1 1/2 year lease+5 year option
- NNN:
- included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
RELATED PROPERTIES
$2,500,000
$150,000
$900,000