$2,500,000
Pizza Takeout
- Status: Sold
- Price: $99,000
Manjot Gill
- License No:
- DRE #01771534
- Email:
- manjot@lbaweb.com
- Office:
- 925-361-5429
- Mobile:
- (408) 242-9137
Description
Papa Murphy’s Pizza Shop for sale in Fremont. It’s located in a busy center with other national food restaurants. Seller claims: Sales over $420,000 in 2019, Jan-Sept. 2020 sales are $358,000; Rent is $5,000/m including NNN and including water and garbage. Net Income to semi absentee owner is over $40,000/ a year. Payroll is over $85,000/year. Great opportunity for an owner operator to increase cash flow by decreasing payroll. Lease is month to month, landlord will give a new lease. Buyer can bring in a new pizza concept but will need to install a new hood/oven. This location is semi absentee run. For more information please call the agent; Manjot Gill @ 408-242-9137. #3994
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
Year Purchased:
Business Type:
Takeout Pizza Franchise
License(s) Required:
Business, Health
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
Yes
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
3994
Date Available:
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- $420,000
- Revenue:
- Annual Net Income:
- $40,000
- Inventory:
- Monthly Payroll:
- $7,000
Lease Information
- Base Rent:
- 5000/m
- Lease Expires:
- Lease Option:
- Month to Month
- NNN:
- Included
Financing Information
- Down Payment:
- $99,000
- Owner Will Carry:
- Other Finance:
- Terms:
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