Here is a great opportunity to own a near new restaurant that the current owner recently built out at a cost of 300k! Avoid the expense in dollars and sense. It makes no sense to spend months with city planners and construction workers when you can take over this space with no time wasted and less than half the cost of what you would spend to start from scratch and do it yourself.
Continue as one of the few pizza restaurants in the immediate area or bring your own idea. You wont find a better value in all of the South Bay area. Current concept has been doing 25-35k in gross sales per month with a part time owner. Get in as a full time owner operator and watch the profits build.
Location is a super high traffic space with frontage on one of the busiest streets in the area. Beer and wine license already in place
They are the only food option in the building, helps to drive sales. Surrounded by residential, retail and commercial. Demographics are great for a large variety of concepts, is one of them yours?
Space 1481 square feet, lease is approximately $2887 per month and has one year remaining. This puts you in the drivers seat. Landlord is ready to negotiate a new lease and terms. Sharpen your pencil and get the lease that will make your place even more profitable for years to come.
This is a Stone Path Brokerage, Inc. Listing.
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 76,881 | 160,671 | 318,692 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 26,063 | 50,685 | 94,859 |
2010 Persons Per Household | 2.87 | 3.10 | 3.21 |
Median House Value | $340,300 | $318,245 | $324,289 |
Income Per Household | $54,056 | $51,168 | $56,194 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 1,466 | 2,762 | 4,709 |
2012 Number Of Employees | 40,972 | 78,364 | 126,396 |
2012 Total Annual Payroll | $828,552,000 | $1,507,452,000 | $2,268,487,000 |
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