* Included in Asking Price
Priced To Sell, Highly Visable Corner Location In Pasadena W/excellent Profit History, Beer & Wine
Asking Price: $99,000
Location: Pasadena, Los Angeles County, California
Yearly Revenue: $402,000
Yearly Cash Flow: $36,000
Monthly Rent: 5527 plus triple net $927
THIS IS A PROVEN LOCATION! Well established casual Italian restaurant with gourmet pizza in a busy location of Pasadena! Highly visible corner location on a major street with multiple office buildings and residential nearby. Original owner for 28 years. Offers beer and wine. When open 7 days a week, the owner averaged approx. $70,000-$80,000 in monthly sales without delivery and $180,000.00 in annual profit serving lunch, dinner and take out. Great area for corporate office orders and delivery! With absentee owner, they are currently open 5 days a week, closing on Sun and Mon. Some equipment includes: Blodgett double deck oven, wood burning pizza oven, espresso machine, walk-in cooler, cold item display case, ice machine, single freezer, Hobart 60 qt. mixer, 4 burner stove with oven, salamander, phone system, tables/chairs, cash register. THE NAME IS NOT INCLUDED IN THE SALE.or exact menus. Owner has another restaurant across town with full bar. Landlord will issue a new long term lease. ABSENTEE OWNER. Single level building!
Organization: Corporation | Year Established: 1987 | Employees: 2 full time, 6 part time | Seating: 56 | Square Footage: 1950 | Parking: street/lot | Licenses Required: Health Dept, ABC License | Days Open/Hours: Tues-Sat 11am-8pm | Reason For Sale: Other Interests |
Yearly Revenues: $402,000 | Yearly Cash Flow: $36,000 |
Monthly Rent: 5527 plus triple net $927 | Lease Expiration: 2019 | Lease Option: open to new longer lease
Seller Reference #2460
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