Hemet Pizza Restaurant in high visibility location

Location: California, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $145,000
Cash flow: $60,000
Revenue: Not Disclosed
Gross Income: $384,000
Inventory: $500 - Included in the Asking Price
FF&E $80,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

This Hemet pizza restaurant is ideally located on a high traffic street corner with new, highly complimentary neighbors that will ensure strong foot traffic. The sale comes complete with kitchen equipment, a walk in cooler, office space, a lovely patio with patio furniture, and all furniture, fixtures and equipment to make this a turn-key operation.

Facilities:
This 2,100 square foot pizza/Italian restaurant is located on a busy street corner with great visibility. The facility leases for approx. $5,988 per month (including CAM) on a lease which expired in July of 2009, with a 5 year option.

Financing:
Owners may consider a small carry

Support:
Seller will offer 2 weeks of training at 25 hours per week.

Competition:
Naturally, the fast food / restaurant business is competitive. This restaurant, however, is located in a growing market with new, highly complimentary neighbors that are a natural traffic draw.

Growth:
New owners will likely to seek to maintain and continue to grow the existing concept. They may also consider the addition of a beer and wine license, to make the location a mainstay for events as well (private parties, football viewings, etc.).

General Information

Reason Selling: Personal

Number of Employees: 9
Year Established: 2005