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#5523
San Diego

Profitable Pizza Business in San Diego - SBA Loan Possible

$169,999
Available

Super long established pizza restaurant. They have been in business since 1998 with the same owner.

Owner is now looking to retire and is ready to sell profitable pizza restaurant. Are you ready to take it  over?

Pizza restaurant is located in an extremely high traffic strip mall.

Huge traffic driver is in the same parking lot, provides a constant stream of potential customers.

Restaurant has been profitable for years. Sales are rising and have averaged 500k per year for the last three years.

Tax returns show growing sales and bottom line profits that will be going into your bank account.

Current owner works about 25 hours per week.

An owner ready to work full time will see substantial improvement at the already nice bottom line. Are you ready to make some real money?

2016 Sales $466,482

2017 Sales $488,780

2018 sales  $546,718

Year to date 2019 average monthly sales are right at 43k per month.

Tax return net income 2017    $65,287 

PnL net income 2018              $64,636

This is an efficient operation with 10 part time employees that are all trained and ready to continue running this place.

Kitchen has 10 foot exhaust system, double decker Bakers pride ovens, 8 foot cold prep table, 60Q Hobart mixer and a large walk in cooler. All equipment is in good working condition with plenty of life left in it.

Restaurant space is 1450 sq feet. Current lease term expires October 2024. Options available

All in rent is $4250/month well below the 10% of sales goal that drives profitability.  

Expand your current pizza operations or buy your first one. This is an outstanding opportunity to hit the ground running with over 20 years of goodwill built up, goods sales and it’s profitable from day one. 

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 August 2024 with options available
Total Monthly Rent:
$4,250

Financials

Last Year's Annual Gross:
$546,715
Last Year's Owner's Cash Flow:
$67,773
Last Year's Food Cost %:
33.2
Last Year's Payroll Cost %:
24.5
Last Year's Rent %:
9.8
EBITDA:
64,636

Operations

# of Part-Time Employees:
10
# of Family Employees:
1
Hours Open:
Daily 10:00am to 10:00pm
Year Established:
1998
Hood System Type 2:
Yes

Facilities

Indoor Seating:
24
Outdoor Seating:
8
# of Parking Spots:
100 plus
Inside Sq. Ft.:
1450
Outside Sq. Ft.:
200

Highlights

  • Profitable pizza restaurant-SBA loan possible
  • Super long established brand and location
  • In strip mall with huge traffic turn over
  • staff in place and ready to work for you
  • central east county location
  • well maintained equipment
  • walk in cooler
  • rent factor under 10% of sales
  • sales increasing each of last three years

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 57,810 128,395 211,556
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,966 49,291 77,018
2010 Persons Per Household 2.82 2.55 2.68
Median House Value $380,200 $395,183 $375,384
Income Per Household $46,856 $54,232 $57,216
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,815 3,758 4,695
2012 Number Of Employees 52,004 99,692 114,258
2012 Total Annual Payroll $1,030,890,000 $2,018,522,000 $2,230,940,000

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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