Owner willing to look at any reasonable offer! Turn-key Pizza location, leave the same or change the name! This restaurant currently offers freshly made pizza for take-out or dine-in in the Point Loma and Ocean Beach areas of San Diego. Add delivery and school contracts to boost sales! Located in the heart of one of the best intersections in the County for traffic counts. The store opened in May of 2004 and has shown consistent growth in sales. The store is surrounded by a mix of residential and business customers that generate demand throughout the day, seven days a week. Additionally, there are many hotels in the area, whose guests order from the store on a regular basis, due to the hotel relations program that has been implemented. The restaurant has been extremely well received by the local community because of its great flavor, freshness and quality. The option still exits to be purchased as a franchise, however, the adjusted net income is reflective as a non-franchise operation. If you consider a franchise, The buyer will need to be qualified by the franchise and there is a $10,000 franchise transfer fee. Royalties are 5% of net sales.
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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
San Diego Restaurants For Sale
Lease Term:
expires Nov 2008 + 5 yr Option
Total Monthly Rent:
$3,388
Financials
Last Year's Annual Gross:
$365,043
Last Year's Owner's Cash Flow:
$70,552
Last Year's Food Cost %:
27.8
Last Year's Payroll Cost %:
24.3
Operations
# of Full-Time Employees:
3
# of Part-Time Employees:
8
Hours Open:
Sunday-Thursday 11:00am-11:00pm
Friday and Saturday 11:00am-midnight
Highlights
- Bring any reasonable offer!
- Delivers to the Point Loma and Ocean Beach area of San Diego
- The store opened in May of 2004 and has shown consistent growth in sales
- Two major venues have been developed; the ipayone Center and the Coors Amphitheater
- Contracts are transferable, only if kept as a franchise
- Surrounded by a mix of residential and business customers
- Many hotels in the area, whose guests order on a regular basis
- Financials assume no franchise fee
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
25,868 |
106,431 |
413,518 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
10,630 |
51,813 |
188,719 |
2010 Persons Per Household |
2.12 |
1.89 |
2.07 |
Median House Value |
$466,300 |
$607,045 |
$502,728 |
Income Per Household |
$59,719 |
$62,672 |
$59,977 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,545 |
4,753 |
18,393 |
2012 Number Of Employees |
53,028 |
134,132 |
667,416 |
2012 Total Annual Payroll |
$1,053,516,000 |
$2,742,160,000 |
$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, 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, 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.