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Pizzeria

  • Status: Available
  • Price: $400,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6343
  • Status: Available
  • Area: Orange County
  • Price: $400,000

Description

Over 1,000 sqft. Restaurant is for Sale, Located in a shopping Strip Mall with heavy foot traffic. 12 years in Business. Seller claims Gross Annual income for the business is about $500,000 and his Net is about $160,000 a year. Rent is $5,500 a month including NNN for this space with 5 x years Lease and option to extend. Hours of Operations, (10 am- 9 pm) Sat. through Thursday and on Friday 10 am- 10 pm. Plenty of parking space. The Restaurant is being run by 2 x Full Time and 2 x Part Time employees.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Pizza Place
License(s) Required: Business, Health, ABC
Hours of Operation: 10 AM- 10 PM
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6343
Date Available: 09/15/2021
Reason For Sale: Moving

Financial Information

Annual Total:
500,000
Revenue:
500,000
Annual Net Income:
160,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
5,500
Lease Expires:
2026
Lease Option:
available
NNN:
Included

Financing Information

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

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