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#510
Plumas County

Real Estate Plus Thriving Pizza Franchise in Sierras

$675,000
Sold
Real Estate Plus Thriving Pizza Franchise in Sierras
This Listing is Sold
This is your chance to own a very successful pizza franchise business AND be your own landlord. The business levels have shown steady growth, but the owners are looking to relocate out of the area. The real estate includes the pizza parlor plus two small adjacent retail ventures. This is a great opportunity to own a piece of the thriving downtown retail corridor, with an established revenue source. Look at listing # 450 also for more information on just the business.This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Plumas County
Lease Term:
open

Financials

Last Year's Annual Gross:
$627,581
Last Year's Owner's Cash Flow:
$112,193
Last Year's Food Cost %:
37
Last Year's Payroll Cost %:
20
Last Year's Rent %:
5

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
6
# of Family Employees:
2
Hours Open:
seven days a week
Year Established:
1986
Hood System Type 1:
Yes

Facilities

Indoor Seating:
75
Outdoor Seating:
25
Inside Sq. Ft.:
4989
Total Building Sq. Ft.:

Highlights

  • Popular Pizza Franchise in Beautiful Sierra Town
  • Recently remodeled and upgraded pizza parlor
  • In Business for 20 Years
  • Consistent Revenue Growth Year Over Year
  • Located in the Center of Business District
  • Long term tenants in rental spaces
  • Menu expanded to include coffee and ice cream
  • Nice basement area for additional dry storage
  • Plenty of on street parking
  • Annual Gross of $628,000+
  • 2,400 Sq. Ft.
  • Eligible for SBA loan - only 10% down with real estate

Financing

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

Demographics

Population 5-mi
2014 Total Population 3,823
Households 5-mi
2010 Number Of Households 2,800
2010 Persons Per Household 2.19
Median House Value $238,987
Income Per Household $50,809
Businesses 5-mi
2009 Number Of Businesses 202
2012 Number Of Employees 3,548
2012 Total Annual Payroll $69,071,000

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, 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, 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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    Lease:  
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    Annual Revenues:  
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    Annual Adj. Net:  
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    Square Feet:  
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