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#1157
Los Angeles - Hollywood - DTLA

Italian Pizza Restaurant located in High Traffic Area in San Fernando Valley!

$95,000
Sold
Italian Pizza Restaurant located in High Traffic Area in San Fernando Valley!
This Listing is Sold
Selling Restaurants is proud to present this Italian Pizza Restaurant is located in a busy strip mall off a high traffic intersection in the San Fernando Valley. This restaurant location has been pizza/Italian for over 17 years and offers pick up, delivery and sit down. Current owner has well established catering accounts for local schools and large businesses. Hours are extended Friday and Saturday for local College students. There is approx 1100 square feet and seating for 12 inside with seating for 4 outside and the potential for more. There are 12 parking spaces and rent is only $2,703 per month including CAM charges. The lease has 4.5 years remaining with a 5 year option. The seller is relocating out of the area.

Please select one of the bright orange buttons below to get the name and address of this business along with more photos. It requires one to register, which costs nothing. All that is needed is an e-mail address, name, address and phone contact to register. It is as simple as that!This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Los Angeles - Hollywood - DTLA
Lease Term:
July 2012 + 5 year option
Total Monthly Rent:
$2,703

Financials

Last Year's Annual Gross:
$276,000

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
3
# of Family Employees:
3
Hours Open:
Sunday-Thursday 10:00am-11:00pm
Friday-Saturday 10:00am-Midnight
Year Established:
1991
Hood System Type 1:
Yes

Facilities

Indoor Seating:
12
Outdoor Seating:
4
# of Parking Spots:
12
Inside Sq. Ft.:
1100

Highlights

  • Italian Pizza Restaurant is located in a busy strip mall off a high traffic intersection in the San Fernando Valley.
  • Pizza location for over 17 years.
  • Offers pick up, delivery and sit down.
  • Established catering accounts for local schools and large businesses.
  • Approx 1100 square feet.
  • Seating for 12 inside with seating for 4 outside and the potential for more.
  • Rent is $2,703 per month including CAM charges.
  • Lease has 4.5 years remaining with a 5 year option.

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 32,476 85,393
Households 3-mi. 5-mi
2010 Number Of Households 12,772 28,930
2010 Persons Per Household 2.51 2.80
Median House Value $420,700 $469,817
Income Per Household $88,415 $101,171
Businesses 3-mi. 5-mi
2009 Number Of Businesses 2,277 2,971
2012 Number Of Employees 109,922 119,562
2012 Total Annual Payroll $2,623,809,000 $2,765,924,000

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, 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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