Pizza Restaurant Significant Price Reduction In San Diego County For Sale

Business description

Have you always dreamed of having your own pizza restaurant? Here is your opportunity. Located on a prominent street in North County Inland, in a dense residential area and near several schools, this 1600 SF pizza restaurant has enjoyed growing sales and profitability since it opened in August 2010. It has built a solid reputation in the local community serving pizza, sandwiches, salads, side dishes, soft drinks, beer and wine. Also delivers, caters and sponsors sports parties, and has earned stellar online reviews. Facilities include a full kitchen with near-new equipment and ADA compliant restrooms. Current owner invested $90,000 in equipment, furniture and fixtures, and another $145,000 in leasehold improvements. Rent is only $1.18/SF NNN. Seller financing available. Have another restaurant or catering concept in mind? Buy this cash flowing business to cover overhead costs and provide you with the cooking facilities.

Property information

Real Estate:

Lease

Lease terms:

Leased location of 1600 sq ft with a total rent of $2,565. Seller is active in the business with 1 FT and 7 PT employees. $145,000 leasehold improvements.

Leasehold rent:

$2,565 per annum

Other information

Support & training:

2 weeks

Reasons for selling:

Focus on Consulting Business

Trading hours:

Sun - Fri 11am - 9pm; Sat 11am - 10pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$60k DP; Balance SCN for 12 mos at 6% interest

Furniture / Fixtures value:

$90,000 (included in the asking price)

Inventory / Stock value:

$2,000 (included in the asking price)