Long Established 3,000 sq ft - 150 Seat Pizza Restaurant

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Business Description

Long Established 3,000 sq ft - 150 Seat Pizza Restaurant with Patio & ABC Type 41 License

RRC#: 3134
Asking Price: Offered At $175,000
Location: Placer County
Annual Revenue: $570,000
Annual Cash Flow: $50,000
Monthly Rent: $4,000 including NNN

Listing Description:
This restaurant has been serving quality Pizza for 23 years and represents a huge opportunity to operate your own restaurant business for the asking price of $175,000. The present owner is semi-absentee and has long-term valuable employees who look after the day-to-day operations and will assist with a smooth handover and provide full training and support. 2016 annual profit of around $70,000 on sales of $610,000, 2017 annual sales were $570,000 and $50,000 profit was achieved. 3,000 sq ft of modern, usable space with a nice open kitchen with its Type 2 hood using fast, double stacked “Lincoln Impinger” conveyor Pizza Ovens, refrigerated worktops and stainless steel work surface, dough roller, 60 qt Hobart dough mixer, walk in cooler, full prep and storage areas. The dining room has seating for 150 in a combination of booths and regular tables plus two separate private dining rooms each also used as extra space for those busy weekend nights, plus an outdoor patio seating a further 25. This long established Pizza business has an excellent local reputation for food and service in a clean and comfortable environment with low rent and ample space to grow representing a huge opportunity to seasoned operators or first time restaurant owners. Please complete the ‘Non Disclosure Agreement’ on our site and we’ll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We’ll also send you the Broker’s contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Inc
Established: 1980
Current Owner: 1995
Employees: 20
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $47,500
Monthly Cash Flow: $4,166
Annual Revenue: $570,000
Annual Cash Flow: $50,000
Payroll: $15,210
Monthly Revenue: $47,500
Monthly Cash Flow: $4,166

About the Business

Location:
Placer County, California

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Listing Info

ID:
1568309
Ad Detail Views:
53
Asking Price:
$175,000

Gross Revenue:
$570,000
Cash Flow:
$50,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Restaurant Realty Company
License# 00976818

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U.S. Census Data for Placer County, CA
Age

Gender

Ethnicity

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Placer County, CA
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Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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