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#651
Los Angeles - Hollywood - DTLA

Take-Out Pizza & Pasta Franchise on high traffic street

$50,000
Sold
Take-Out Pizza & Pasta Franchise on high traffic street
This Listing is Sold
Pizza & Pasta franchise on high traffic street in Santa Clarita Valley. The restaurant is located in a commercial plaza with over 86 offices. The restaurant has contracts with 9 area hotels for the delivery of pizza to hotel guests. Restaurant has 1,367 sq. ft. with low rent for the area at only $2.05 per sq ft. The lease is $2,802 per month, plus $478 for CAM. Inside seating for 4 and outside seating for 6 with ample parking. Easy to run business, great opportunity for owner/operator.

Take the next step and complete the online confidentiality agreement and you�ll be provided with the location address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities.This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Los Angeles - Hollywood - DTLA
Lease Term:
3 yrs. + 2 months
Total Monthly Rent:
$2,802

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
4
Hours Open:
11 am-10pm everyday
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
4
Outdoor Seating:
6
# of Parking Spots:
6
Inside Sq. Ft.:
1367

Highlights

  • Low rent at only $2.05 sq/ft., plus CAM
  • Great opportunity for owner/operator
  • Can convert to another type of restaurant

Financing

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

Demographics

Population 5-mi
2014 Total Population 34,309
Households 5-mi
2010 Number Of Households 11,215
2010 Persons Per Household 3.04
Median House Value $340,000
Income Per Household $56,079
Businesses 5-mi
2009 Number Of Businesses 732
2012 Number Of Employees 14,086
2012 Total Annual Payroll $210,258,000

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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