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#680
Chico Restaurants For Sale

Popular Pizza Franchise Next to University

$125,000
Popular Pizza Franchise Next to University
This Listing is Expired
Excellent location, walking distance to University. This is a family friendly Pizza Place with a ton of room to grow. Designed with a sports theme you feel right at home with your friends, family or sports team. This 3,219 Sq Ft facility was recently built from the ground up. The base rent is $6,438 a month with a CAM of only $1287.60 monthly. There are nine years remaining on the lease of this turn-key business. With seating for 100 patrons inside and 16+ outside the there is plenty of space. There is a large hood system and the equipment and business is only a year old. Included in the sale is the Beer & Wine License. Franchise transfer fee is $12,000 and buyer must qualify and train with franchise.
Regional Manager Steve Demaggio DRE License #01722979

Lease

Region:
Chico Restaurants For Sale
Lease Term:
9 yrs remaining
Total Monthly Rent:
$6,438

Financials

Last Year's Annual Gross:
$433,083
Last Year's Food Cost %:
27.9
Last Year's Payroll Cost %:
27.6

Operations

Liquor License:
41
# of Full-Time Employees:
4
# of Part-Time Employees:
12
# of Family Employees:
2
Hours Open:
11am -10pm Mon- Sat
11am-9pm Sundays
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
100
Outdoor Seating:
16
Inside Sq. Ft.:
3,219
Outside Sq. Ft.:
200

Highlights

  • Walk to University
  • High Traffic Location
  • Hot Pizza Franchise - Great food!
  • Equipment & Facility is in Excellent Condition
  • 3219 Sq Ft
  • Seats 100 Patrons
  • Base Rent $6438 a Month
  • Sports Theme
  • Family Friendly Environment
  • Only a Year Old
  • Lots of Growth Opportunity
  • State-of-the-art Facility

Financing

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

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

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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