Fully Equipped Pizza Delivery - Rebranded - Formerly A Papa John's
Asset Sale Description
2nd Generation Pizza Restaurant – Asset Sale – Currently Operating as Pizza Method – Formerly Papa John’s – 320 S Central Ave, Suite A, Glendale, CA 91204. 2nd Generation Pizza Restaurant Asset Sale located in Glendale, California. The restaurant is currently operating as Pizza Theory following the conclusion of its former Papa John’s franchise agreement and continues to operate as an independent pizza concept utilizing the existing restaurant buildout, equipment, and infrastructure. Situated along S Central Avenue, the location offers strong visibility and convenient access within a dense residential and commercial trade area. The space features a complete pizza restaurant buildout with quality furniture, fixtures and equipment (FF&E) in place, positioning it well for a new operator looking to launch or expand a pizza, delivery, takeout, or similar quick-service restaurant concept. Ideally located near Downtown Glendale with convenient access to Interstate 5, State Route 134 and State Route 2, the site benefits from a large surrounding residential population, strong daytime employment, and significant commuter traffic. The location is also within proximity to The Americana at Brand and Glendale Galleria, two major regional shopping and entertainment destinations that contribute substantial traffic to the surrounding area. Originally built and operated as a Papa John’s, the restaurant was designed for high-volume pizza production, takeout and delivery operations. The asset sale includes valuable FF&E, leasehold improvements, and the existing second-generation restaurant setup, providing a new operator the opportunity to significantly reduce the startup costs and time associated with building a restaurant from scratch. This Glendale location offers a strong foundation, excellent surrounding demographics, convenient freeway access, and the advantage of acquiring an operating second-generation pizza restaurant opportunity in a well-established Southern California market.
Detailed Information
- Years in Operation
- 17
- Facilities & Assets
- Fully equipped, turnkey pizza restaurant formerly operated as a Papa John’s and currently operating as Pizza Method. Significant value in the existing restaurant buildout, allowing a new operator to avoid the substantial cost and time of building a location from scratch. Equipment includes commercial pizza oven, walk-in cooler, hood and exhaust system, makeline, cutting and prep stations, stainless-steel tables and racks, sinks, POS system, security cameras, central A/C, storage, counters, TVs, pizza screens, pans, utensils and more. FF&E has an estimated current value of approximately $80,640. The existing buildout and infrastructure add substantial additional value beyond the equipment. Attractive lease terms with relatively low occupancy cost compared to the expense of securing and building out a new restaurant location.
About the Sale
- Transition Support
- NA
- Seller Motivation
- Franchise Agreement has ended.
Listing Info
- ID
- 2548503
- Listing Views
- 3
Listing ID: 2548503 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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