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Pizza Restaurant

  • Status: Sold
  • Price: $59,000

Susan Mehravar

License No:
DRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925)932-2450
  • Listing No: 3891
  • Status: Sold
  • Area: Contra Costa
  • Price: $59,000

Description

This is a 1,400 sq.ft. Pizza Restaurant located in a well populated City closed to commercial section of the this city and it is not far from few schools and major anchor stores. Base Rent is $2,300 + the Garbage. Lease expires in 2026. There are 40 seats inside with 3 full time employees. Labor is $7,000/m and the place is open 7 x days a week (10am-8pm). Seller claims his gross annual sale is about $360,000. In 2020 he claims $22,000 a month Sale and he also claims in 2021 the Gross sale has been about $30,000 a month.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Pizza Restaurant
License(s) Required: Business, Health and ABC
Hours of Operation: 10 am-8 pm / 7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3891
Date Available: 08/01/2021
Reason For Sale:

Financial Information

Annual Total:
$264,000
Revenue:
$264,000
Annual Net Income:
Inventory:
Monthly Payroll:
7,000/m

Lease Information

Base Rent:
2,300/m
Lease Expires:
2026
Lease Option:
NNN:

Financing Information

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

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