Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#1183
Orange County

WOW! What a Location! Fantastic Pizza Restaurant and Italian Cafe in Mall

$70,000
Sold
WOW! What a Location! Fantastic Pizza Restaurant and Italian Cafe in Mall
This Listing is Sold
Selling Restaurants presents this fantastic restaurant offered at a great price. You're going to feel guilty stealing this restaurant at this price! This is a must see! This fantastic Italian Caf� with pizza, pasta, and an assortment of menu items presents itself well and offers plenty of seating. It has been well maintained and offers great potential. It is situated within a high foot traffic area especially during the weekends. It was established in 2001 and has been absentee owner operated since. The real potential here is with an owner operator who can manage the consistency of customer service, increase sales by up-selling, and manage the operating expenses. Annual sales at one time topped out at just over $400,000 with the owner absentee. Imagine the annual sales potential if you are a working owner. The Cost of Goods Sold was 39% and Payroll Cost was 37% of the 2007 annual sales compared to industry standards of 28% and 25% respectively. Both Operating expenses are far too high for industry standards. This is an area a working owner will be able to manage and increase the net cash flow. The restaurant is appointed with a nice assortment of fixtures and equipment within the kitchen includes a two bay pizza oven, many refrigerated and heated prep tables along with a variety of other equipment items which are all included in the purchase price. The kitchen is open to the customers for food preparation viewing and the dining area comfortable seats 49. A Beer and Wine license would most likely be approved by the city and would surely increase future sales. The new owner will be responsible for applying for the new Beer and Wine license if desired.

Take the next step and select one of the bright orange buttons below the listing. Then select the "New registration" Button. When you register, you get the name and address right on-line - no paper or faxes - you'll also get priority notification of our 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:
Orange County
Lease Term:
expires 2015
Total Monthly Rent:
$3,128

Financials

Last Year's Food Cost %:
39
Last Year's Payroll Cost %:
37

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
4
Hours Open:
Monday-Friday: 10am-9pm
Saturday: 10am-7pm
Sunday: 11am-6pm
open 7 days weekly
Year Established:
2001
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
Inside Sq. Ft.:
1706

Highlights

  • Fantastic Opportunity! Steal of a price!
  • Location! Location! Location!
  • Great Potential with Working Owner
  • Add Beer and Wine License for potential sales growth
  • High Foot Traffic with great Visibility
  • Nicely Appointed Dining Area
  • ALL EQUIPMENT SOLD AS IS!

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 100,293 218,308 728,004
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 28,560 63,961 206,315
2010 Persons Per Household 3.41 3.29 3.40
Median House Value $441,518 $472,636 $427,368
Income Per Household $51,850 $59,369 $61,493
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,046 4,983 14,078
2012 Number Of Employees 37,534 130,854 377,142
2012 Total Annual Payroll $573,944,000 $3,339,135,000 $4,294,967,295

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.

Other Listings in the Area
  • Absentee - Major Beach Views - Bar
    #5128
    Absentee - Major Beach Views - Bar
    Lease:  
    Expires March 2, 2030
    Monthly Rent:  
    $26,909
    Annual Revenues:  
    $3,172,000
    Annual Adj. Net:  
    $647,000
    Square Feet:  
    4,202
    Facebook Twitter Google+ Email
    Available
    $2,200,000
    Down Payment
  • Restaurant Established 27 Years with Beer and Wine and LOW RENT
    #5447
    Restaurant Established 27 Years with Beer and Wine and LOW RENT
    Lease:  
    April 30, 2022 + 5 yr option
    Monthly Rent:  
    $2,982
    Square Feet:  
    1,650
    Facebook Twitter Google+ Email
    Available
    $85,000
    Down Payment

Terms Of Use     © 2019 Powered by BBMT Inc.