High Volume and Profitable Mountain Mike's Pizza Business for Sale

Asking Price$859,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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High Volume and Profitable Mountain Mike's Pizza Business for Sale


Asking Price$859,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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
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

Contact Seller

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Business Listed by: Taj Randhawa Re/Max Gold.

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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