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#4705
San Diego Restaurants For Sale

San Diego Pizza Restaurant For Sale - NET 50K plus, 1650/month rent!

$139,999
San Diego Pizza Restaurant For Sale - NET 50K plus, 1650/month  rent!
This Listing is Expired

To Visit This Restaurant Please Select the Golden Button to the Left "Get Name/Address."​

Here is a great opportunity to take over a local favorite Pizza location where the seller has spent the last 14 months building sales and good will in the community.

Location has quickly become a neighborhood favorite and with continued owner operation should soon be a big money maker. Small tweaks in the operational efficiencies will lead to big increases at the bottom line. As the restaurant’s popularity continues to grow the top line sales will increase, leading to even greater bottom line numbers.

Restaurant is located in a middle income demographic area very close to schools and their much coveted  and always hungry student populations.

Sales are currently in the 275k per year range and rising steadily. Seller shows 2015 net income at over 50k and that is with overstaffing that swelled payroll to 126k or nearly 47% of sales. 

Restaurant Interior supports family fun atmosphere with TV’s and even a separate area for private events.

There is a very nice patio area for outside dining which nearly doubles the overall restaurant capacity.

When this place is full, there is no place in town like it. Awesome pizza, great atmosphere, good choice of tap beers, it’s the local pizza joint at its finest just waiting for an owner to maximize profits.

Space is approximately 2300 sq. ft. inside with another 800 sq. ft. of enclosed patio area.

Rent is only $1650/month.  With a rent factor like that it will be easy to swell the bottom line. Not going to find many places with rent at less than .75 per foot!

With a 1650/month rent payment you could easily to catering only from this location and make serious money.

Stand alone catering, pizza only or both this is a gold mine type location. 

Yelp and other online reviews are outstanding and the menu and recipes that helped earn those reviews would be yours if you keep this same concept.

Current ownership has turned this place into a turnkey operation for the next motivated owner operator.

Many different beers on tap to go with the outstanding menu.

Seller may even considering some seller financing for the right buyer. 

Save yourself the headache and time associated with starting with nothing like this place did.

Get in cheap and hit the ground running, with the rent they pay, this place is a gold mine.   

Please go to SellingRestaurants.com to get the name and location.  

 

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires August 2017 with extension availalbe
Total Monthly Rent:
$1,650

Financials

Last Year's Annual Gross:
$299,915
Last Year's Owner's Cash Flow:
$52,299
Last Year's Food Cost %:
17.85
EBITDA:
$52,299

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
8
Hours Open:
Daily 11-9
Year Established:
2014
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
Outdoor Seating:
48
# of Parking Spots:
35
Inside Sq. Ft.:
2,600
Outside Sq. Ft.:
1000

Highlights

  • Super cheap rent-1650 month
  • 50k plus bottom line
  • great reviews
  • Fun family atmosphere
  • nice patio area

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 49,470 194,054
Households 3-mi. 5-mi
2010 Number Of Households 13,899 61,618
2010 Persons Per Household 3.33 2.98
Median House Value $362,800 $370,582
Income Per Household $51,158 $52,449
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,057 3,403
2012 Number Of Employees 31,164 76,012
2012 Total Annual Payroll $594,134,000 $1,414,447,000

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.

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