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Price Reduced Profitable Pizzeria In Riverside County For Sale

Riverside County, California - South, US
Asking Price:
$249,000 (USD) Furniture / Fixtures included
Sales Revenue:
$474,400 (USD)
Cash Flow:
$82,200 (USD)

PRICE REDUCED AND PANDEMIC RESISTANT: This restaurant is a family-friendly, scratch-kitchen pizzeria offering pies, wings, sandos, pasta and cold beer! For 8+ years, it has been a staple in the community with 300+ reviews and a 4 star online rating, feeding hungry bellies in the surrounding residential communities and office spaces. Located in Riverside county, a stones throw from several major freeways, this rest area and fueling destination is always hustling and bustling and has a gigantic parking lot to boot!

Enter the space, and you're greeted by the sweet scent of the pizza oven, located right behind the order counter. In addition, the pizza joint provides efficiency and quick ticket times with their 3 door prep fridge right next to the oven for all your plating, topping and salad fixin' needs! Just placed your order and feeling a bit thirsty? Have the cashier grab you an ice cold pitcher of beer from the impulse buy tap handles clearly visible behind the order counter. Despite temporarily closing their dining and game room due to COVID, the business did not skip a beat. Sales and profit margins are up and payroll and electric costs are down! The back of the house is pristine, organized and all of the equipment is well maintained. The space also offers rear door access for all of your deliveries and employee parking.

A once-in-a-lifetime opportunity presented itself for the Seller, and he must free up capital to invest, so it's time to sell his beloved pizza restaurant. His opportunity is also one Buyer's opportunity: the restaurant is currently 100% absentee and generates an excellent profit. A Buyer can step in (or not) and immediately start generating revenue day one! Also, speak with the landlord and city and slice off a section of the gigantic parking lot for flex space and outside dining to increase revenues and beer sales in the beautiful California sun! Most impressive of all, the owners have gotten this far on word-of-mouth alone. They have zero digital presence: start a social media campaign and update the bland, outdated website, and grow the business dramatically.

This pizzeria has everything a Buyer is looking for: 100% absentee, very profitable, well established, and located in a busy destination center with great rent. Act fast and step into this rare opportunity to profit in the pizza business!

Property Information

Real Estate:

Lease

Lease Terms:

$4335mo, CAM $1400mo, Exp: 1/31/2026, 3% Annual Increases

Leasehold Rent:

$52,020 (USD) per annum

Premises Details:

Bustling freeway rest area and fueling destination
Established business surrounded by residential and office space
Excellent lease terms and options to extend
Vendor owned Glycol draught beer system
Scratch Kitchen and dough prepared daily (Gluten-free and low-fat options available)
Family-friendly vendor owned arcade games, tickets and prizes
Well maintained type 1 hood and grease trap

Size in square feet:
2,755

Business Operation

Reasons for selling:

Free Up Working Capital

Employees:
8
Years established:
2011

Other Information

Support & training:

Owner Will Train

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

SELLER FINANCING AVAILABLE WITH 60% Down, 1yr note at 6%

Furniture / Fixtures value:
$85,000 (USD) - included in the asking price
Inventory / Stock value:
$3,000 (USD)

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