* Included in Asking Price
Silverlake Pizza Cafe-busy Intersection-$1917 Gross Rent-pizza & Burgers-owner Retiring
Asking Price: $85,000
Location: Los Angeles County, Los Angeles County, California
Yearly Revenue: Contact For Info
Yearly Cash Flow: $35,593
Monthly Rent: $1,917
Great opportunity to own a long established restaurant in a very busy location, situated minutes from downtown LA, Mid Wilshire and Hollywood. Serving pizza, pasta, burgers, sandwiches, chicken and mexican items. Owner is retiring after 34 years at this location. Corporate accounts include nearby hospitals with tons of potential for additional deliveries and catering. Excellent landlord- $1917 monthly rent which includes, triple net, water, trash, security and maintance. Landlord will issue new, longer lease with favorable terms. Owner operates store alone. No current employees. Equipment includes: 8ft hood with sprinklers, Blodgett pizza oven, 4 ft refrigerated prep station. 5 ft steam table, fryer, 4 burner stove top, double door refrigerator, single door fridge, single door freezer, floor mixer, Ice maker, 3 microwaves, meat slicer, 8 tables, 24 chairs, all sinks.
Organization: Sole Proprietorship | Year Established: 1994 | Current Owner: 1994 | Seating: 29 | Square Footage: 700 | Parking: parking lot | Licenses Required: City Business license, health department | Reason For Sale: Retirement |
Yearly Cash Flow: $35,593 |
Monthly Rent: $1,917 | Lease Expiration: June 2021 | Lease Option: Yes-Landlord will issue l |
Seller Reference #3007
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