Selling Restaurants presents this family owned and operated pizza restaurant that makes big money based on tax returns. This established business is located on high traffic corner service station and netted over $130,000 in 2007. The restaurant is close to mixed commercial area, off a major highway exit with plenty of residence in the area. It is one of the trucker�s favorite lunch stops in the area. Restaurant occupies 2067sq/ft for $3,100 per month including CAM charge and electricity, water. The lease expires June 30, 2010 and has one 5 years option. This is a 5 day operation due to family running it, but a new owner could grow the business by operating it 7 days a week. Sellers must sell due to partnership issues and this is priced to sell fast! The business may qualify for SBA loan too.
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's needs is an e-mail address, name, address and phone contact to register. Simple as that!
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
Expires June 30, 2010 + 5yr option
Total Monthly Rent:
$2,584
Financials
Last Year's Annual Gross:
$258,925
Last Year's Owner's Cash Flow:
$134,830
Last Year's Food Cost %:
28.2
Operations
Hours Open:
Mon-Fri 7am to 7pm
Sat-Sun Closed
Highlights
- Turn key profitable pizza restaurant on high traffic corner with service station.
- The business is family members owned and managing.
- It is nearby highway access, commercial area and residences.
- Convenience parking lot has 8 parking plus road side parking.
- Restaurant occupied 2067sq/ft and dining room capacity is 40.
- Remaining existing lease expires on June 30, 2010 plus 5yr option.
- Base rent is $3,100 included CAM Charge, electricity and water.
- New owners could extend business days to increase revenues.
- Seller is very motivated to sells.
- 3 Family members work this 5 days full-time basis
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
39,596 |
66,166 |
311,889 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
10,385 |
19,330 |
112,717 |
2010 Persons Per Household |
3.51 |
3.18 |
2.59 |
Median House Value |
$130,400 |
$122,862 |
$213,950 |
Income Per Household |
$38,271 |
$35,016 |
$47,753 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
367 |
1,578 |
7,720 |
2012 Number Of Employees |
14,948 |
67,784 |
268,180 |
2012 Total Annual Payroll |
$332,949,000 |
$1,425,339,000 |
$4,294,967,295 |
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, 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. DRE License # 01339409.