Landmark Pizza Shop On High Visibility Street
Location:
United States
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California
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Northern California - Bay Area
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Milpitas
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Long Standing Pizza Restaurant for sale On High Visibility Street In Milpitas. Business Is Sold As Is. Last Year's Net Income Was 32,000. The Owner Has Limited Financial Figures Available For This Year. New Owner Has Opportunity For Growth Through Expanded Hours, Adding Food Delivery, Adding Vending Machines, Adding Video Games, Adding Consumables And Expanding The Menu. Business Is Located In A Neighborhood With Many Asian Businesses And High Immigrant Population.
Sale Includes All Equipment And Leasehold Improvements:
* Recently Added Suspended Ceiling
* Large Pizza Oven And Hood
* Oven And Stove
* Deep Fryer
* Refrigerator
* Beverage Cooler
* Preparation Table
* Cooking Utensils
* Carpet And Tile In Very Good Condition
* Dining Tables And Chairs
* Inventory Of Food And Drinks
Restaurant Offers Pizzas With A Variety Of Options, Sandwiches, Fried Chicken, BBQ Chicken, Sodas, Beer And Other Fast Food Items.
Current Hours : Tues Through Sat 11-2pm And 4-8:30pm And Closed Monday.
Rent Is $1,600 Gross Per Month For 1,200 Sq Ft. Buyer Is Responsible For Negotiating Any New Lease With The Landlord.
Price Is Negotiable But Only All Cash Offers Will Be Considered. Seller Is Willing To Provide Training And Consultation As An Independent Contractor At An Agreed Upon Price For The Buyer.
All Information Is Provided By The Seller And Is Believed To Be Reliable.
Versant Business Team, Inc. Or Its Employees Have Not Verified Any Of The Information Or Facts About This Business. Buyer Takes On All Responsibility For Due Diligence Regarding The Evaluation Of This Business. Buyer Is Advised To Talk To Accountants, Cpas And Attorneys Before Making An Decision On A Business Purchase.
Financials
Asking Price Range: < $250K
Gross Revenues:
$36,000
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: $25,000
Seller Financing: No
About The Business
Year Established: 1976
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Yes.
Reason For Selling: Retiring.
Photos
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Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700111667
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