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Pizza Restaurant

  • Status: Available
  • Price: $350,000

Nima Sadati

License No:
DRE #01358748
Email:
nima@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4394
  • Status: Available
  • Area: Contra Costa County
  • Price: $350,000

Description

This fantastic 950 sq ft pizza restaurant is situated in the prestigious city of Contra Costa. Boasting a gorgeous and welcoming atmosphere, this restaurant is a true gem. It features a type two hood, walk-in cooler, freezer, and seating for 15 inside and 10 outside. With a remarkably low rent of $3800 including NNN, and a lease term of 2 years with a 5-year option, this opportunity is as lucrative as it is enticing. The current owner has lovingly owned and operated this restaurant for 20 years. Regrettably, due to health issues preventing further work, he has made the difficult decision to sell. The restaurant currently employs 4 full-time and 2 part-time staff members. Seller claims the annual gross income of $360,000 and a net income of $120,000, this business is both financially stable and rewarding. For more information, please contact the agent, Nima Sadati.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health
Hours of Operation: 11 AM- 8 PM
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4394
Date Available: 04/24/2024
Reason For Sale:

Financial Information

Annual Total:
30,000
Revenue:
Annual Net Income:
10,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
$3,800
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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