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#1177
San Diego Restaurants For Sale

Pizza restaurant For Sale, very busy center

$79,000
Pizza restaurant  For Sale, very busy center
This Listing is Expired
Selling Restaurants presents this absentee operated pizza restaurant. Offers fresh made pizza for delivery, take-out or dine-in in the Point Loma and Ocean Beach areas of San Diego. The store opened in May of 2004 and has shown consistent sales growth. The franchise has a new state of the art store design, all new brand positioning and a delicious, unique pizza product. They are poised for rapid expansion. Continue as current franchise or go independent. The store is surrounded by a mix of residential and business customers generating demand throughout the day, seven days a week. Additionally, there are many hotels in the area, whose guests order from the store on a regular basis, due to the hotel relations program implemented. The brand is extremely well received by the local community because of its great flavor, freshness and quality. The buyer will need to be qualified by the franchisor and there is a $10,000 franchise transfer fee the buyer must pay, or save the money and ongoing fees by going independent it is up to you.

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This is a Stone Path Brokerage Services DBA: selling restaurants San DiegoRob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires Jan 2014
Total Monthly Rent:
$4,356

Financials

Last Year's Annual Gross:
$301,826
Last Year's Owner's Cash Flow:
$70,552
Last Year's Food Cost %:
27.8
Last Year's Payroll Cost %:
24.3
Last Year's Rent %:
14.0
EBITDA:
$70,552

Operations

# of Full-Time Employees:
3
# of Part-Time Employees:
8
Hours Open:
Sun-Thurs 11am-11pm

Fri & Sat 11am-12pm
Year Established:
2004
Hood System Type 1:
Yes

Facilities

Indoor Seating:
20
Inside Sq. Ft.:
1,400

Highlights

  • Absentee Owner Run
  • Could be Cash Cow with owner/operator in place
  • Surrounded by business and residential customers
  • Lots of hotels full of tourists nearby
  • I Pay One Center is huge draw to area
  • Great Rent Factor!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 34,318 66,417 355,261
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 20,599 38,447 151,879
2010 Persons Per Household 1.47 1.58 2.19
Median House Value $448,700 $493,942 $479,053
Income Per Household $52,550 $56,946 $55,375
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 3,848 5,592 13,566
2012 Number Of Employees 134,300 179,678 427,386
2012 Total Annual Payroll $3,347,327,000 $4,294,967,295 $4,294,967,295

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.

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