High Volume and Profitable Mountain Mike's Pizza Business for Sale
Business Description
High Volume Profitable Mountain Mike's Franchise Pizza Restaurant for Sale in Central Coastal City - CA
Well-established pizza restaurant generating approximately $115,000 current monthly average, plus high arcade income, making a money-making business.
RENT: $10,594 Per Month
10 Year first term, 30-year Total.
Increases in accordance with CPI Index of Riverside/LA (2.5-3%)
CAM/PROP Tax: $10,400 Per Year ($866/Month)
$2.34 Per Sq Ft Including NNN (Cheap for a Beach location)
Sq Ft: 4,900-/+
No Franchise Remodels for next 8+ years
Arcade Income: Roughly $59,000-/+ Per Year on top of Restaurant Sales Profit.
The seller will show all deposited checks from the Vendor upon Approval of the offer. Arcade income increases as Sales Increase. The 3rd party owns and fully maintains the machines; all systems are online, and Sales figures are transparent via the App.
In real time to eliminate theft or confusion.
Add Backs:
-2024 $6,600+ Cash Shortage (avoidable if present on a regular basis)
-Merchant fees of $20,000+ Per Year, as we just started charging a 2% CC Fee per CC/Debit Transaction with no Customer Pushback, as it is a common practice in the Pismo area.
The site is new, well-organized, and has a great team in place, with room to grow as the economy returns to normal after inflationary pressures ease.
#2 Highest Dine Sales in the MMP system
??? -Top 5 Restaurant Excellence Winner in MMP System 2024
The seller will provide all equipment in Working Condition and offer a 30-day Warranty on the Equipment, as well as serviced and Stocked Inventory.
Asking Sales Price: $859,000 for Business
Well-established pizza restaurant generating approximately $115,000 current monthly average, plus high arcade income, making a money-making business.
RENT: $10,594 Per Month
10 Year first term, 30-year Total.
Increases in accordance with CPI Index of Riverside/LA (2.5-3%)
CAM/PROP Tax: $10,400 Per Year ($866/Month)
$2.34 Per Sq Ft Including NNN (Cheap for a Beach location)
Sq Ft: 4,900-/+
No Franchise Remodels for next 8+ years
Arcade Income: Roughly $59,000-/+ Per Year on top of Restaurant Sales Profit.
The seller will show all deposited checks from the Vendor upon Approval of the offer. Arcade income increases as Sales Increase. The 3rd party owns and fully maintains the machines; all systems are online, and Sales figures are transparent via the App.
In real time to eliminate theft or confusion.
Add Backs:
-2024 $6,600+ Cash Shortage (avoidable if present on a regular basis)
-Merchant fees of $20,000+ Per Year, as we just started charging a 2% CC Fee per CC/Debit Transaction with no Customer Pushback, as it is a common practice in the Pismo area.
The site is new, well-organized, and has a great team in place, with room to grow as the economy returns to normal after inflationary pressures ease.
#2 Highest Dine Sales in the MMP system
??? -Top 5 Restaurant Excellence Winner in MMP System 2024
The seller will provide all equipment in Working Condition and offer a 30-day Warranty on the Equipment, as well as serviced and Stocked Inventory.
Asking Sales Price: $859,000 for Business
About the Business
- Years in Operation
- 3
- Facilities & Assets
- Business Assets and Beer Wine License
- Market Outlook / Competition
- Seller has the first right of refusal within 120 miles
About the Sale
- Seller Motivation
- Personal
- Financing Options
- SBA Loan Qualified
Listing Info
- ID
- 2393378
- Listing Views
- 517
Listing ID: 2393378 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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