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#1287
Los Angeles Restaurants For Sale

Fantastic New York Pizzeria With Great Food Reviews

$70,000
Fantastic New York Pizzeria With Great Food Reviews
This Listing is Expired
Price Just Reduced! Selling Restaurants presents this New York Style Pizzeria located next to 2 high-income communities. Make an offer because the seller is willing to negotiate. This restaurant's Exceptional Food, Authentic Atmosphere, and Friendly Staff offer the proud new owner a "Turn-Key" operation. The menu items have proven to be exceptional based on customer reviews on www.yelp.com. The owner built this restaurant, which opened its doors to the public approximately 18 months ago. The dining area presently seats 18 but legally seats 36 and the landlord allows outdoor seating for 8. Rest assure the kitchen is everything you need and more with 2 hood systems, a Double Bay �Blodgett� Pizza Oven which was $9,000, a 6 burner range, oven, grill, deep fryer, grease interceptor, 6 door refrigerator, freezer, and much more. The current owner personally oversaw every aspect during the restaurant�s construction from floor to ceiling, which was formerly a retail space so you have the assurance this restaurant is still like �new.� All furniture, fixtures, and equipment were purchased by the current owner brand new and have been well maintained. The owner is a native New Yorker and has brought the flare and flavor we all love about New York�s Italian food. If you are a buyer looking for a Pizzeria that has a turn-key system in place with fantastic food reviews and an owner that can train you to make Italian the �New York-Way� then what are you waiting for? Visit this restaurant today!

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Agent Joe Ranalla DRE License #01719969

Lease

Region:
Los Angeles Restaurants For Sale
Lease Term:
expires June 2011 + (1) 5 yr option
Total Monthly Rent:
$1,488
Security Deposit:
$8,000

Operations

# of Part-Time Employees:
1
# of Family Employees:
1
Hours Open:
Monday-Saturday: 11a-9p
Year Established:
05/2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
18
Outdoor Seating:
8
Inside Sq. Ft.:
960

Highlights

  • Authentic New York Style Pizzeria
  • Food Reviews On www.yelp.com
  • Turn-Key Operation
  • Equipment "Like New" Condition
  • Located next to 2 high-income communities

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 38,926 173,479 681,817
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,167 58,864 227,225
2010 Persons Per Household 2.69 2.88 2.91
Median House Value $497,300 $443,726 $456,035
Income Per Household $94,335 $80,839 $67,077
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 653 2,668 13,464
2012 Number Of Employees 24,392 79,358 416,580
2012 Total Annual Payroll $829,385,000 $1,653,737,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.

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