Profitable Take Out Pizza Business In San Mateo County For Sale

Business description

Profitable Take Out Pizza Operation- $ 55k + Profit- Proven High Traffic Location In Upscale Community

RRC#: 1684
Asking Price: $130,000
Location: Very Desirable Community, San Mateo County, California
Yearly Revenue: $348,000
Yearly Cash Flow: $55,200
Monthly Rent: $2,000

LISTING DESCRIPTION:
This profitable pizza operation is in a very desirable neighborhood, with easy access, excellent visibility and constant traffic from both motorists and pedestrians. Located in a charming, upscale area with no viable food service competitors nearby, there is lots of no hassle curbside parking for customers to get in and out quickly. The premises is quite compact and very efficient, and features a front service counter which allows all order preparation visible to customers, cash registers and credit card terminal equipment, and self serve beverage fridge. Equipment includes a 3-door pizza prep. table, two 2-door reach-in fridges, three pizza scales, dough sheeter, 60 qt. Hobart floor mixer, cheese shredder and slicer attachments, Hobart slicer, aluminum can storage rack, various food and dough storage containers, stainless work tables, a 2- compartment sink with rinse and a hand sink. This operation is takeout only, which the owner operates hands on with only a few employees, has low operating expenses, and earns a very steady income from the business. The location has a well proven track record with consistent sales and profits, which has sustained itself despite the current challenging economy. This business would be an excellent opportunity for a sole owner or a family, and either as a buyer’s first location, or as an additional location for operator’s with similar existing businesses.

GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 1990 | Current Owner: 1990 | Seating: 2008 | Square Footage: 450 | Parking: Street | Days Open/Hours: 7 Days, 11a-9p | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $348,000 | Yearly Cash Flow: $55,200 |

LEASE INFORMATION:
Monthly Rent: $2,000 | Lease Expiration: Jan 1 2014 |

FINANCING INFORMATION: