Franchise Pizza Restaurant
Description:Subject Restaurant is located close to public transportation, multi family apartment complexes with exposure to extremely busy City street. Current owner developed this restaurant from ground up with top of the class equipment and high-end capital improvements. Seller want to move on to focus on other food businesses owned by seller in different geographical location. This location provides excellent opportunity for an owner operator to take this business to next level. Business revenue is on progressive pattern since opening its doors in 2018. Possibility of concept conversion. Equipment: 3-Deck Pizza oven under Type-1 hood, Walk in Freezer, Walk-in Refrigerator, Indoors and Patio seating. A full list of equipment is available with the Listing Broker. General Information: Organization: Corporation | Square Footage: 2400 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, SBOE, ABC Type-41 Beer/Wine Lic. (Included & Transferable) | Hours: Daily 10:30 am 10:30 pm, Fri-Sat 10:30am 11pm | Reason for Sale: Other Business Interests | Franchise Transfer Fee: TBD, Franchise Royalty: 8%. Lease: Rent: $7000/ Month (Including NNN), total 20 Years on lease including options. Rent fixed for five years. Revenue: Gross Sales: ~$26,000/Month, Financing: All Cash. Broker Disclaimer: Mission Peak Brokers, Inc. We obtain the information in this marketing package from sources we believe to be reliable. However we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may bit represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction. RBS002.
- Listing Status: Active