Pizza Restaurant In Yuba County For Sale

Business description

This is a great opportunity to own and operate a long standing Pizza Restaurant on a major thoroughfare in a city about 40 minutes north of Sacramento. This sale represents your opportunity to be your own Boss for a minimal investment and enjoy the lifestyle of owning your own Business. The interior of this business is turn key and shows well. Take a look at the photos and you'll see just how nice it is. There are over 100 seats and a private dining room for party's and group occasions. The Restaurant is turn key and minimal investment is required. Just purchase, own, organize, grow and then deligate to enjoy a good life away from the hussle and bussle of city life but just an hour from the Capital.

LOCATION: Situated on the main Hwy, in the center of town. This Pizza restaurant sits in a outdoor mall, near schools and highly poulated residential area.

LEASE TERMS: The fantastic lease terms make this Pizza bar opportunity one of the best you’ll find in this market. Total monthly rent is only $2,940 for 3,300 total usable square feet. Folks!! THAT’S LESS THAN A $1.00 per square foot. Not only is that amazing monthly rent, the lease terms get even better. The monthly rent is FIXED at this rate and increases ONLY by 3% or the consumer price index.

Let’s be honest. Most landlord’s charge what feels like an arm and leg for rent. This restaurant’s incredible lease terms make it extremely possible to make a good profit year on year. Many upgrades were completed in 2010.

FINANCIALS: This locaiton's revenue in 2010 were $458,000.

HISTORY: Buy the existing Pizza Restaurants long standing reputation, concept, lease terms, furniture, fixtures, equipment, and Beer and Wine license OR bring Your Own concept and take advantage of the fantastic lease terms, furniture, fixtures, equipment.

The Seller has stated that the business was extremely strong in previous years prior to the downturn in the economy. This is a great indication this will repeat with increased stability in the economy. Now is the time to take the Leap into Business Ownership and enjoy ownership Lifestyle.

HOUR OF OPERATION: Presently the Restaurant is open for 11.00am to 10.00pm daily. There is huge scope to increase business with a delivery service and Pizza party's, especially in this busy location.

REASON FOR SELLING: The Seller has many outside business interests and in 2010 was fairly absentee and wishes to concentrate on her other business.

Property information

Real Estate:

Lease

Lease terms:

Expires February 2012 + 1 year options

Leasehold rent:

$2940/mo per annum

Size in square feet:

3,300

Business Operation

Reasons for selling:

Business non-core

Trading hours:

Open Sun - Thurs 11am-9pm Fri and Sat 11am-10pm

Employees:

3 full 10 part

Years established:

1950