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Pizza Restaurant

  • Status: Sold
  • Price: $140,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 4481
  • Status: Sold
  • Area: Contra Costa County
  • Price: $140,000

Description

Net Income: $120,000/Seller will carry $40,000 of asking price

Discover a golden opportunity in the heart of Richmond, California, with this well-established pizza place nestled in a vibrant shopping center. Spanning approximately 2,500 sq. ft., this bustling eatery has been delighting customers for over 20 years, creating a loyal following and a strong reputation in the community. With an excellent location that attracts foot traffic from nearby shops and businesses, this pizza place operates from 11 AM to 10 PM, providing ample hours to serve both lunch and dinner crowds. The owner/operator model allows for significant profitability, with earnings exceeding $10,000 per month, translating to an impressive annual income of $120,000. The rent is competitively priced at $7,300 per month, making this a sound investment for aspiring restaurateurs. Priced at just $160,000—well below market value—this is a rare chance to step into a thriving business that combines a prime location with a proven track record. Don’t miss out on the chance to own a piece of Richmond’s culinary landscape!

 For more information contact matt Sadati DRE #00704888 or contact his assistance Tammy  510-415-6023.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required:
Hours of Operation: 11 AM-9 PM
Business Relocatable:
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4481
Date Available: 10/04/2024
Reason For Sale:

Financial Information

Annual Total:
Revenue:
Annual Net Income:
160,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
7,300
Lease Expires:
Lease Option:
NNN:

Financing Information

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

Contact Us

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