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#685
Sacramento Restaurant For Sale

Pizza Franchise or Convert in upscale community- only 3 years old

$69,000
Sold
Pizza Franchise or Convert in upscale community- only 3 years old
This Listing is Sold

Price is reduced to rock bottom! Take advantage of this low price pizza business!! The absentee owner is moving on to new opportunities and wants to sell his restaurant that's done pizzas. Take advantage of this fantastic opportunity. This business has unlimited room for growth. Lease has over 6 years remaining. This is one of the best locations in Sacramento County, a very upscale shopping center and surrounding community. The hard work is already done- you can turn the key and start your own business. This franchise pizza restaurant has an emphasis on healthy foods - serving pizza, sandwiches and salads. The restaurant is just like new - it was professionally designed, and looks beautiful!! For the asking price of this business, you could not even start to build out your own restaurant. If you want to get into a turn key operation, and save about 50% of the cost to build new, this is your place. Take the next step and complete the online confidentiality agreement and you'll be provided with the restaurant name and 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. There are also more photos available to our registered buyers.

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
6 years remain
Total Monthly Rent:
$3,750
Security Deposit:
$4,500

Financials

Last Year's Annual Gross:
$305,902
Last Year's Food Cost %:
26
Last Year's Payroll Cost %:
22.5
Last Year's Rent %:
18.4

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
10
Hours Open:
11-9
Year Established:
2004
Hood System Type 1:
Yes

Facilities

Indoor Seating:
32
Outdoor Seating:
6
# of Parking Spots:
60
Inside Sq. Ft.:
1,500

Highlights

  • Owner must sell!!! Take advantage of this low price!!
  • Building is only 4 years old
  • Located in upscale community
  • Price is only a portion of what new build out would cost
  • In large shopping center with national anchors
  • New franchise with emphasis on healthy ingrediants
  • Interior of building is professionally designed
  • Over 1500 sq foot of space
  • Beer and Wine license
  • Can convert to new concept

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 70,184 145,145
Households 3-mi. 5-mi
2010 Number Of Households 24,935 50,101
2010 Persons Per Household 2.62 2.70
Median House Value $385,500 $376,613
Income Per Household $98,547 $96,068
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,911 3,439
2012 Number Of Employees 61,904 91,934
2012 Total Annual Payroll $2,125,271,000 $2,869,832,000

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, 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.

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