* Included in Asking Price
4 Star Busy Pizzeria With $500k Profit
Asking Price: $1,100,000
Location: Tuolumne County, Tuolumne County, California
Yearly Revenue: $1,656,000
Yearly Cash Flow: $492,000
Monthly Rent: TBD
Currently on track for sales of $1.68 million and a $500K profit for 2017. This is one of the busiest and most profitable Pizza restaurants in CA. Established 14 years and has grown at and average rate of 10-15% for the last 3 years with no sign of slowing down. Meticulous bookkeeping has earned approval for SBA financing with 20% down from qualified buyers. The dominant 4.5- star web presence on Google, Yelp and Trip Advisor brings in new customers with an absolute minimum of advertisement. Online ordering is over 10% of sales. Currently being run Semi-Absentee with potential for absentee owner, this is a perfect opportunity for an experienced operator to take it to the next level. The local residents comprise 80% of the customers with young families being the prime demographic. Heavy sponsorship of youth sports keeps this business a step ahead of our competitors and in good standing with the community. New residents and visitors easily find the pizza parlor because of its well-developed web presence. Tuolumne county has long been know as and outdoor activity wonderland, with Yosemite National Park, Dodge Ridge Winter Sports, Pine Crest Lake and Kennedy Meadows all bringing hungry vacationers through the front door. The owner has made extensive recent improvements to the half-acre property: a new paved parking lot, new roof, hardy board exterior siding and a completely rewired electrical panel. On the interior there is all new LED recessed lighting, vinyl plank flooring, new booth seating, tables, sheet rock & paint. The current Fire Marshall approved seating capacity is 150. Everything, including a matched pair of 2016 Toyota Prius delivery cars, a 2004 4x4 Toyota Tacoma, double stacked XLT ovens, refers, freezers, walk-in- refers, ice machine, 60-quart Hobart mixer and a ton of other equipment, menu''s and secret recipes are included. All equipment will meet the new buyers approval for quality & condition before the sale is final. Restaurant comes with a Type 41/Beer & Wine liquor license. The Workman''s Comp Rates for 2017 are $4.50 per $100. After nurturing and growing this one of a kind pizza parlor over 14 years, the owner has decided to move on and offer this fantastic opportunity to a new and energetic restaurateur. Please sign the NDA above to receive more information and speak to the listing agent. YOU MUST HAVE RESTAURANT EXPERIENCE TO QUALIFY FOR SBA.
Organization: LLC | Year Established: 2004 | Current Owner: 2004 | Employees: 21 | Seating: 150 | Square Footage: 3876 | Parking: Parking Lot | Licenses Required: Type 41 ABC, Health and Business | Days Open/Hours: Sun-Thurs 11-9/ Fri-Sat 11-10 | Reason For Sale: Other Interests |
Yearly Revenues: $1,656,000 | Yearly Cash Flow: $492,000 |
Monthly Rent: TBD | Lease Expiration: TBD | Yearly Adjustment: TBD | Lease Option: TBD | Security Deposit: TBD |
Seller Reference #2833
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