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#642
San Diego

Outstanding Location! National Pizza Franchise, Price Reduced $210k

$210,000
Sold
Outstanding Location! National Pizza Franchise, Price Reduced $210k
This Listing is Sold
Have you been searching for the right �turn-key� restaurant opportunity that makes money from day one? Or, have you been looking for a great location you can use in a conversion? If so,check this listing out.

After being at this location for 22 years, the current owners getting out of the restaurant business. This national pizza franchise has been a staple in this community for years. It has a solid customer base and an established school delivery program. The restaurant is at the signalized intersection, and is across from a regional shopping center. The center has high volume retailers.

This location has average annual gross sales of $560k in a 3,000 sf space with $4,850 monthly rent. The key to this locations profitability is the outstanding rent � its cheap! This location is a stand alone pad on one of the busiest thoroughfares in Chula Vista. While this location is within a recently remodeled strip center; the subject property was not remodeled and is in need of a little TLC. This area is one of the main shopping area�s for Mexican nationals who travel up from Mexico daily. The surrounding dense population in a 3-mile radius is approximately 198,483 and 30,095 within 1 mile. Traffic counts on the main street in front of the location is approximately 25,300 daily, and 6,500 daily on the side street. This location can provide a great platform for your business!

The best feature of this restaurant is the location, rent, and reputation within the community. This is an opportunity for a turn-key business, or an outstanding location for a conversion that fits an area with a high Hispanic population.

The key employees are in place and could be there to help jump start your new business.

Take the next step and complete the online confidentiality agreement and you�ll be provided with the location address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities.
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:
3 Yrs Remaining + 5 Year Option
Total Monthly Rent:
$4,850

Financials

Last Year's Annual Gross:
$555,203
Last Year's Owner's Cash Flow:
$94,867
Last Year's Food Cost %:
40.5
Last Year's Payroll Cost %:
18.8
Last Year's Rent %:
11.3

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
10
# of Family Employees:
3
Hours Open:
11-9 and 11-10 Fri & Sat
Year Established:
1980
Hood System Type 1:
Yes

Facilities

Indoor Seating:
136
# of Parking Spots:
15
Inside Sq. Ft.:
3000

Highlights

  • Outstanding Location
  • Below Market Rents
  • Highly Visible Pad Location
  • Financial analysis completed with tax returns
  • Great Converstion Opportunity
  • $550k Avg. Annual Gross Sales
  • $4,850 Monthly Rents
  • 3,000 Sq. Ft.
  • 3 year lease plus 1X5 year option
  • National Pizza Franchise, No Transfer Fees

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

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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