IN ESCROW Quick Casual Franchise Pizza Restaurant or Conversion

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Asking Price:
$150,000

Gross Revenue:
$630,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

IN ESCROW WITH BUYER
This fun Quick Casual Pizza Restaurant is being offered with the current Pizza Franchise concept in place or as a turnkey Conversion with a stylish look and new equipment.
The space is set up for fast pizza but is ready to go for nearly any use that makes sense in this busy retail trade area surrounded by upper income residential.
The restaurant benefits from its location in a major shopping center with Big Box Retail and high-volume, so a lot of eyes see this prominent location every day!

This restaurant has a kitchen with a high-volume quick-fire pizza oven, an 8ft Hood & Ansul, grill and everything the next owner needs. The equipment includes a 12-handle Digital Tap System. The interior design features a bright clean look with modern furniture and unique lighting fixtures that are very “Instagrammable” and that could complement a variety of concepts.
If the next owner chooses to continue with the current franchise brand, the area developer is offering some nice incentives; however, the franchise license is optional. The next owner considering this space for a conversion will benefit from the months of time saved waiting for permits and inspections and from avoiding the unexpected costs the inevitably come up during a major remodel because all the hard work has been completed!

The space itself is approx 2000sf with Total Rent $8,560 (includes CAM/NNN, Garbage, Sewer and Water). There is a great lease in place until Dec 2019 and there are two 5-year options.
The place shows pride of ownership with a very clean kitchen and equipment which has been well maintained.

The Sale includes an ABC Type 41 Beer & Wine License.

Interested? Please complete the Confidentiality Agreement/NDA form to get started.

Once we receive your Confidentiality Agreement, we will send you information with the street address and other details.

This is a Confidential Listing so please Do Not Disturb the business. Tours are by appointment only.

We look forward to talking with you about this exciting opportunity!

About the Business

Location:
Placer County, California
Year Established:
2015
Number of Employees:
3FT + 12 PT
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$4.28 Per Month
Lease Expiration:
12/31/2019
Facilities:
The space itself is approx 2000sf with Total Rent $8,560 (includes CAM/NNN, Garbage, Sewer and Water). Lease in place until Dec 2019 and there are two 5-year options.
Market Outlook/
Competition:
High Traffic Retail Center with a great End Cap location.
Growth & Expansion:
Keep the current Franchise Concept or convert to something new (pizza or taproom related?)
Contact the Seller

About the Sale

Reason For Selling:
Consolidating
Training/Support:
Negotiable if bought for a Conversion and new concept. If Buyer keeps the Franchise, there will be some training required.

Listing Info

ID:
1559303
Ad Detail Views:
92

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Business Listed by

Tricia Bernhardt

Restaurant eXchange
License# 01168790

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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