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#3711
Los Angeles - Hollywood - DTLA

10 Year Pizzeria Sports Bar With Neighborhood Business

$75,000
Sold
10 Year Pizzeria Sports Bar With Neighborhood Business
This Listing is Sold

This Long Time Pizzeria with Established Neighborhood Business For Sale Currently Does Quick Service Italian with Subs, Pizza and Pasta. Arcade games in place as well as a pool table for family fun. Delivery available.

Owner has another establishment that requires his full time efforts so he has decided it is best to part with this business and allow someone with the time to benefit from what has been built at this establishment.

Friday and Saturdays rock out to the live music or karaoke. 

This is the perfect business for saavy owner looking to grow an established concept with their hard work and smarts. Located near a major hospital with thousands of employees, this local pizzeria has a solid customer base plus a vendor purchase order relationship with the hospital.

The owners are leaving the restaurant business and need to sell this pizza business that's become a local favorite joint!

Currently serving tap beer with 10 handles, this neighborhood pizza place could be transformed into a gathering place for local sports teams and families with some good marketing person behind the ownership.

A corner spot, located on a major street, you have everything you need to get into your own business that's ready to go.  the owner will train you and show you the trade.  A person who likes to connect with the community will thrive here!

  • Go after local teams - Soccer, Little League, basketball, etc.
  • Expand the hospital Business.
  • Go after the local schools for fund raisers and charity events.

Owners decision to leave business is your gain. The possibilities are endless with this established pizzeria.

Paramount Restaurant Brokers, Inc. Listing

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Los Angeles - Hollywood - DTLA
Lease Term:
Exp 12-2016 with 1 5 Yr option
Total Monthly Rent:
$2,584
Security Deposit:
$2,475

Financials

Last Year's Annual Gross:
$252,000

Operations

Liquor License:
41
# of Part-Time Employees:
6
# of Family Employees:
1
Hours Open:
Sun-Thurs 11-10
Fri-Sat 11-11
Year Established:
1992
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
# of Parking Spots:
20
Inside Sq. Ft.:
1900

Highlights

  • Great Neighborhood Pizzeria
  • Kaiser Hospital Close Pizza
  • Neighborhood Business Included
  • Long Time Pizzeria and Pub
  • Opportunity Knocks For Experienced Pizzeria Owner
  • Sell Pizza To Local Sports Teams
  • Full Italian in This Sports Pub
  • 10 Beer Taps Plus Neighborhood Pizzeria
  • Established Pizzeria Sells Open Invoice To Kaiser
  • PRICED TO SELL!!

Financing

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 77,916 204,310 897,997
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 23,650 59,666 251,746
2010 Persons Per Household 3.21 3.36 3.50
Median House Value $337,100 $341,301 $363,277
Income Per Household $49,637 $56,084 $59,318
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,036 2,780 15,039
2012 Number Of Employees 29,402 87,206 511,758
2012 Total Annual Payroll $465,940,000 $1,776,785,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: 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 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.

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