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#5930
Las Vegas Restaurants For Sale

Newly Remodeled Pizza Franchise

$115,000
Sold
Newly Remodeled Pizza Franchise
This Listing is Sold

This is a long established pizzeria location, residence and business are very familiar with the location and quality food. It was recently acquired and the owner converted it into a pizza franchise, spending over $100,000 in remodel and redesign. The owner, due to a family issue, needs to moved out of state and needs to sell the location. It's currently being run as owner operator, ideal buyer is someone who has at least 30 hours a week to oversee the current staff, continue to market and grow the new location and oversee operation concerns staff may not be able to address. We have all the previous sellers financials but because this location is so new, the increased revenue is trending upwards but we don't have very much history under the new franchise model. From what we have, its trending up and the neighborhood is responding positively. For more information including a detailed confidential opportunity summary with financial information and photos, please email listing agent. Listing #101-20551

This is a Trent Lee, LLC listing.
Trent Lee DRE License #S.0183611

Lease

Region:
Las Vegas Restaurants For Sale
Lease Term:
Lease expires 06/2021 with 1 5 year option
Total Monthly Rent:
$2,700
Security Deposit:
$1,820

Financials

Last Year's Annual Gross:
$455,006

Operations

# of Part-Time Employees:
10

Facilities

Inside Sq. Ft.:
1,213

Highlights

  • Long established pizzeria location
  • Pizza Franchise
  • Over $100,000 spent in remodel and redesign
  • Italian

Financing

Down Payment:
$80,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 52,709 116,211 306,147
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 18,831 45,000 109,652
2010 Persons Per Household 2.71 2.46 2.60
Median House Value $189,900 $192,661 $171,447
Income Per Household $65,246 $60,265 $58,150
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 608 2,093 4,701
2012 Number Of Employees 10,650 53,774 121,822
2012 Total Annual Payroll $178,274,000 $1,139,261,000 $2,357,722,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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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