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#592
San Diego

Absentee Run National Pizza Franchise with Low Rent

$96,000
Sold
Absentee Run National Pizza Franchise with Low Rent
This Listing is Sold
This end-cap unit is in a strip center next to the Spring Valley Center. This 1000 sf space offers the same great visibility from the main road, without the higher rent and CAM charges of the major center. The major center is home to several national tenants. This fully equipped restaurant is currently serving pizza, the concept can remain the same, in which case, there is no transfer fee for the franchise, however, the franchisor does need to qualify the buyer. With absentee owner, this location produces $28K in gross monthly sales, add beer and wine to increase sales. The monthly rent is low at $1,824 and that includes the CAM. This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker Rob Tade DRE License #01339409

Lease

Region:
San Diego
Lease Term:
1yr remaining + 5yr Option
Total Monthly Rent:
$1,824

Operations

# of Part-Time Employees:
8
Hours Open:
11AM - 9PM
Year Established:
1978
Hood System Type 1:
Yes

Facilities

Indoor Seating:
20
Inside Sq. Ft.:
1024

Highlights

  • National Pizza Franchise, No Transfer Fees
  • Excellent Visibility; End Cap Location
  • Shadow mall to neighboring center with national tenants
  • Benefits of the same traffic without the higher rents and CAM charges
  • Currently Pizza Concept; Keep the Same or Change
  • Low Monthly Rent at $1,824 and that includes CAM
  • 1,024 Sq. Ft. End Cap Unit
  • Monthly Gross of $28,000
  • Add Beer & Wine to grow business

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 59,637 118,296 362,845
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 18,190 38,997 116,635
2010 Persons Per Household 3.18 2.94 3.00
Median House Value $296,400 $355,452 $349,496
Income Per Household $59,849 $61,150 $59,451
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 606 1,814 6,036
2012 Number Of Employees 10,896 35,592 143,028
2012 Total Annual Payroll $160,231,000 $540,301,000 $2,708,056,000

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, 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. DRE License # 01339409.

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