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Asking Price$185,000
Revenue$660,000 EstablishedUndisclosed
Cash Flow$120,000 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Profitable Pizza Operation, Hands On Owner, $120k Cash Flow, High Traffic & Visibility- Reduced!

RRC#: 2557
Asking Price: $185,000
Location: North Peninsula, San Mateo County, California
Yearly Revenue: $660,000
Yearly Cash Flow: $120,000
Monthly Rent: 2,406 all inclusive

LISTING DESCRIPTION:
Excellent pizza business opportunity to purchase an established operation with consistent sales and profit. Close proximity to residences, businesses and airport, easy freeway accessibility, along with constant high traffic and great visibility. This is a very efficient, streamlined operation that derives a high percentage of its sales from deliveries and take-out business. The premises is very clean and tidy, with slate floor tiled seating area, accommodating 18 customers in a relaxed and cozy environment. Behind the customer service and order counter with 2 POS terminals, is a semi exhibition style quarry tiled kitchen dominated by a 15’ type one hood, two deck gas conveyor pizza oven, 6-burner sauté station with stainless table, double fryer, 2-door sandwich fridge, 4-door pizza prep fridge, 1-door beverage merchandiser, LCD production order screen, and a separate delivery driver LCD order screen. A large rear storage and prep room features a large 8’Wx8’Dx8’H walk-in cooler, 60 qt Hobart Mixer, 3-door reach-in freezer, 3- glass door merchandiser fridge, 3-compartment sink, single compartment prep sink, stainless work tables, and shelving units. There is also another separate storage room with office area with an adjacent employee restroom. There is also an ADA restroom off the seating area for customers. The business is monitored by a camera surveillance system in place. The rear of the premises has a man door and large roll up door for ease of deliveries. The all-inclusive monthly rent is broken down by $2,080 base rent + $326 NNN charges, which includes two dedicated parking spaces for the business. The location allows for quick customer in and out pick up for take-out orders, and delivery drivers have easy access to main routes and the freeway. The is very good opportunity for the single hands on owner, a partnership or as a family run operation, with a fairly simple transition for the buyer to take over from the current ownership role.

GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 2011 | Current Owner: 2011 | Seating: 18 inside | Square Footage: 1,600 estimated | Parking: Street, parking lot | Licenses Required: Business, Health Dept. | Days Open/Hours: Daily 10a-10p | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $660,000 | Yearly Cash Flow: $120,000 |

LEASE INFORMATION:
Monthly Rent: 2,406 all inclusive | Lease Expiration: April 2021 | Yearly Adjustment: CPI | Lease Option: Negotiable | Security Deposit: 2,225 |
Ad #87975
Seller Reference #2557
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Contact This Seller
Steven D. Zimmerman, CBI, CBB
Restaurant Realty Company
415-945-9701
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