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Pizza Parlor

  • Status: Available
  • Price: $175,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 4315
  • Status: Available
  • Area: Contra Costa County
  • Price: $175,000

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

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