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#2346
San Diego

Popular and Profitable Pizzeria in High Class Neighborhood, doing great volume

$149,000
Sold
Popular and Profitable Pizzeria in High Class Neighborhood, doing great volume
This Listing is Sold
Outstanding opportunity to own a super popular pizza restaurant in the heart of an upper middle class neighborhood.
This place literally overlooks one of the biggest most affluent high schools in San Diego.

Signage gives unbelievable visibility, you simply can not drive through this area and not see the sign!
The Pizza business for sale is built out in dark woods with a classy New York Style décor scheme. Bring your pizza or restaurant experience to this super busy location and be ready to rock!

This place is turn key and simply needs an owner willing to work it and maximize the potential. The kitchen is ready for any and all of you menu ideas. Location features two seperate hood systems. You can continue as the current concept or expand to a more upscale full service concept, it's up to you. This place has the capability to handle it all.

Owner states gross sales of approximately 40-45k per month and annual net income in the 90-100k range. Buyer should always independently verify all sales and income figures as broker does not verify this information.

This space has huge potential for growth with a few minor modifications. Already a local favorite, add a beer and wine license and nice patio dining and sales could skyrocket.

Space is a very manageable 1365 square feet inside and has access to 800 square feet of potential outside dinning area. Current lease expires in Sept of 2011 with two five year options available. Rent is right at 10% of sales at $4199 per month and CAM of $1160.

Here is your opportunity to buy into one of the easiest and most profitable restaurant concepts available. Don’t miss this great opportunity.

All you've got to do next is drive out to the locaiton and take a look. To do that, all you need is to become a member of SellingRestaurants. It's free and it opens the doors to special priviledges such as name and location of the business, preview of new listings, on-line confidential agreements, newsletters, etc.This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker Rob Tade DRE License #01339409

Lease

Region:
San Diego
Lease Term:
Expires September 2011 plus two five year options
Total Monthly Rent:
$4,199

Financials

Last Year's Annual Gross:
$470,000
Last Year's Owner's Cash Flow:
$95,000

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
2
# of Family Employees:
1
Hours Open:
11-9 Daily
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
# of Parking Spots:
50
Inside Sq. Ft.:
1365
Outside Sq. Ft.:
800

Highlights

  • High Volume
  • Turn Key
  • Great demographics
  • Buyer Must Verify Income of Business
  • Easy freeway access
  • Beautiful decor
  • Full kitchen

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 53,664 310,868
Households 3-mi. 5-mi
2010 Number Of Households 17,009 102,371
2010 Persons Per Household 3.03 2.82
Median House Value $577,700 $570,309
Income Per Household $107,870 $105,748
Businesses 3-mi. 5-mi
2009 Number Of Businesses 644 6,965
2012 Number Of Employees 12,558 211,464
2012 Total Annual Payroll $462,526,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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 some cases, foreward 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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. DRE License # 01339409.

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