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#3374
San Fernando Valley Restaurants For Sale

Franchise Pizza Restaurant in Heart of Valley For Sale

$38,000
Franchise Pizza Restaurant in Heart of Valley For Sale
This Listing is Expired

POPULAR  PIZZA FRANCHISE STORE IN HIGH DENSITY HIGH TRAFFIC NEIGHBORHOOD!!!

At this price you have to be crazy not to drive by and see the potential!!!!!

Seller  is an absentee owner whom purchased for a relative that had little front of house experience  and would like a swift sale to a qualified operator. Seller states owner operator should take home $50k with current revenue stream. $10 000 franchise transfer fee included in purchase price and paid by Seller.

Located next to a high visibility and very  active club and liquor store providing high density and consistent traffic from opening to close.  Seller feels that extended weekend hours will yield excellent results.  Location is entirely help run with key employees having 5 years tenure and willing to remain on with business.  Business has a favorable mix of eat in, take out and delivery business with expansion capabilities in all areas.

Franchise fee is 10% inclusive of all advertising fees and internet portals.  Seller has contracts with several local hotels and on line ordering contracts with national players.

THIS OPERATION NEEDS A HANDS ON OWNER AND YOU CAN WATCH YOUR SALES AND PROFITS SOAR!!!  HURRY THIS TRULY SHOULD NOT LAST LONG.

AN ELITE RESTAURANT BROKERS INC. LISTING

Broker/Lawyer Laurent O'Shea

Lease

Region:
San Fernando Valley Restaurants For Sale
Lease Term:
Expires on June 31, 2015
Total Monthly Rent:
$2,680
Security Deposit:
$5,560

Financials

Last Year's Annual Gross:
$240,000
Last Year's Rent %:
12
EBITDA:
$11,000

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Family Employees:
1
Hours Open:
Sunday through Thursday 11am to 10pm
Friday and Saturday 11am to 11pm
Year Established:
2000
Hood System Type 1:
Yes

Facilities

Indoor Seating:
21
Outdoor Seating:
8
Inside Sq. Ft.:
1,198
Outside Sq. Ft.:
80

Highlights

  • POPULAR FRANCHISE PIZZA
  • HIGH TRAFFIC LOCATION
  • LARGE TRADE AREA DEMOGRAPHIC
  • SPECIALTY PIZZA WITH BROAD APPEAL
  • MAIN STREET FRONTAGE
  • GREAT OWNER OPERATOR OR ABSENTEE
  • EXCELLENT GROWTH POTENTIAL
  • SELLER SAYS NOT TO BE SHY AND BRING ALL OFFERS

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 30,113 197,479 355,600
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 8,697 65,971 118,116
2010 Persons Per Household 3.08 2.82 2.88
Median House Value $330,900 $470,199 $467,389
Income Per Household $47,484 $67,396 $66,010
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 989 6,290 11,030
2012 Number Of Employees 23,680 172,888 260,032
2012 Total Annual Payroll $351,781,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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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