* Included in Asking Price
Only $99k For Popular Pizza Restaurant With Patio Located Near Placerville On Major Thoroughfare
Asking Price: $99,000
Location: Placerville, El Dorado County, California
Yearly Revenue: $300,000
Yearly Cash Flow: $72,000
Monthly Rent: 2500 Inclusive
Price Reduced to $99k. Seller is willing to carry a note for a small amount of the asking price to well qualified buyers. This 1600+ sq ft Pizza restaurant which is for sale for the first time in 26 years includes an ABC type 41 beer and wine license. This is not Rocket Science, this is Pizza! Comfortably seating 60+ inside with a further 20 on the outdoor patio. Superb location on Why 50 making $72,000 annual profit. Located near Placerville, this restaurant enjoys tremendous business traffic during the summer and winter seasons. Locally, this is set amid the many El Dorado wineries and the popular Apple Hill Pumpkin, Apple cider and Christmas tree center. The kitchen has a type 2 hood, conveyor type pizza oven, ice machine, 3 compartment sink, refrigerated worktops and 10'' x 10'' walk-in cold room for all food and drink storage all bought and paid for with no lease payments. The dining room is nicely appointed with bench seating for 60+. entertainment games machines and a covered outdoor patio seating 20. The fully compliant ADA restrooms are communal and shared with the neighboring businesses and therefore does not cut into the square footage of the restaurant. This is a 500 sq ft advantage and is therefore not included in the monthly rent. which is only $2,500 including NNN which is well below market rate. The present owner has owned & operated this restaurant for 26 years which is only open 4 days per week. A new owner/operator would benefit greatly by opening more frequently in this AAA location. To receive full details of this opportunity please complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, financials & lease information. We will also send you the broker’s agent contact information so you can discuss in more detail.
Organization: Sole Proprietorship | Year Established: 1990 | Current Owner: 1990 | Employees: 3 | Seating: 60 + 20 Patio | Square Footage: 1660 + Patio | Parking: 25 | Licenses Required: Health, Business and ABC Type 41 License | Days Open/Hours: Wednesday - Sunday 11am - 9pm Closed Monday & Tuesday | Reason For Sale: Other Interests |
Yearly Revenues: $300,000 | Yearly Cash Flow: $72,000 | Inventory: $5,000 |
Monthly Rent: 2500 Inclusive | Lease Expiration: 2016 | Yearly Adjustment: New Lease Negotiable | Lease Option: New Lease Negotiable | Security Deposit: 2500 |
Seller Reference #2531
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