Pizza Italian Restaturant In San Diego For Sale

Business description

Money Maker! Are you ready to own an extremely profitable pizza/Italian and comfort food restaurant?

Now is your chance. Jump on this rare opportunity to take over a very well-run and easy to operate profitable location.

Located in the 4S Ranch area this is the prime location for pizza and Italian in the Ranch. The center has it all, big box stores, banks and plenty of other traffic drivers, the center is busy day and night.

The demographics for the surrounding residential could not be better for this concept. Upper middle income customers encircle this location from the 15 to the 5 freeways. Little competition in the area and no competition in the center itself, they have an exclusive for pizza/Italian for the entire center.

Lunch sales are outstanding as one of the largest business parks in San Diego is just up the road. Catering and local school opportunities are barely tapped and would add even more to the already bulging bottom line with minimal additional effort.

Adjusted net income for the past three years have been 89k in 2009, 172k in 2010 (owner ran operation full time) and 159k in 2011. Owner has now opened another location and no longer works this one. If you are ready to work, this job is for sale, how much money do you want to make?

Restaurant has a beer and wine license in place with a very nice common area for outside dining.

Interior looks great and has plenty of space for dining as well as waiting for to go orders.

Kitchen equipment is all near new and very well maintained.

At 1550 square feet the restaurant has a very efficient layout and is really a simple operation. Current lease term expires in late 2015 and there is a five year option available. Rent including NNN is $7124 month.

If you are looking for a profitable, easy to operate pizza/Italian restaurant in a highly desirable and rarely available space this is your place.

Property information

Real Estate:

Lease

Lease terms:

expires Dec 2015 plus five year option

Leasehold rent:

$7124/mo per annum

Size in square feet:

1,550

Other information

Reasons for selling:

Business is non-core

Trading hours:

11-9 Daily