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#3821
Sacramento Restaurant For Sale
Chico Restaurants For Sale

PIZZA BUSINESS IN MALL LOCATION WITH GREAT RENT!

$25,000
PIZZA BUSINESS IN MALL LOCATION WITH GREAT RENT!
This Listing is Expired

The best thing about it's location is that it sits on the corner of the food court and it is the first site you see when entering this food court. First to see when you're looking for something to eat, as you'll be dazzled by the display of pizza and salads. 

The Mall has over 45 stores including Ross, JC Penny, Forever 21 and Sears for the anchors.  The restaurant has not even started marketing to the owners and employees of the mall stores.  Yet, they grossed $54,924 from July 7th, 2012 to Dec 31, 2012.  This is a husband and wife team which brought down $19,600 to the bottom line for this time period. Buyer must verify this information during their due diligence. 

Add your own personal touch by expanding the menu with sandwiches, soups and/or pasta or any other Italian menu items.  By doing this and creating a marketing plan this establishment could really excel. 

The base rent is $2,829.03 per month which includes HVAC of $107.36 and marketing fund of $59.17.  The lease term is for 3 years with  2 1/2 years remaining. 

The FF&E includes a new ice maker and hot water heater.  The Ansul is up to date with a 5 foot hood. 

The seller needs medical treatment and needs to sell.

This is a Paramount Restaurant Brokers, Inc. Listing. 

Agent Dana Ward DRE License #01728620

Lease

Region:
Sacramento Restaurant For Sale
Chico Restaurants For Sale
Lease Term:
Expres May 2015
Total Monthly Rent:
$2,829
Security Deposit:
$2,662

Financials

Last Year's Annual Gross:
$51,628
Last Year's Owner's Cash Flow:
$19,645
Last Year's Food Cost %:
26.05
Last Year's Rent %:
26.05

Operations

# of Full-Time Employees:
2
Hours Open:
Monday-Friday 10am to 9pm
Saturday 10am to 8pm
Sunday 11am to 6pm
Year Established:
2012
Hood System Type 1:
Yes

Facilities

Indoor Seating:
50
Inside Sq. Ft.:
710
Outside Sq. Ft.:
2000

Highlights

  • Excellent price - $39,000
  • Great location, great opportunity
  • Located in mall near game center
  • Over forty stores and four anchors
  • Expand menu and increase sales
  • Excellent value in FF&E

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 42,580 70,570
Households 3-mi. 5-mi
2010 Number Of Households 13,887 21,854
2010 Persons Per Household 2.90 3.05
Median House Value $162,400 $163,749
Income Per Household $42,589 $43,885
Businesses 3-mi. 5-mi
2009 Number Of Businesses 910 1,032
2012 Number Of Employees 20,156 22,388
2012 Total Annual Payroll $366,923,000 $400,954,000

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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