High Traffic Location, Very Low Rent Pizza Restaurant

Long Beach, CA (Los Angeles County)

High Traffic Location, Very Low Rent Pizza Restaurant

Asking Price:$80,000

Cash Flow:$42,000

Gross Revenue:$240,000

EBITDA:N/A

FF&E:$30,000

Inventory:$1,000

Rate/Sq. Ft.:N/A

Established:2014

High Traffic Location, Very Low Rent Pizza Restaurant

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Business Description

Calling all Italian Restauranteurs! No experience necessary…We will train.
If you’ve yearned to own and operate a successful neighborhood pizzeria and Italian food joint, this is an opportunity you’ll want to explore.
This 1,000 SF restaurant is located on a busy main road in a working-class neighborhood in Long Beach, CA. The space is fully outfitted to seamlessly continue serving its loyal customers. The lease is an affordable $1,222/mo. It offers a varied menu of delicious food, open seven days a week. Social media marketing is in place, along with its very own app.
Starting a new venture similar to this would cost into the six figures. Why not benefit from hard work and expense already provided by the current owner? Their loss could be your win!

Contact Margot Murphy, business broker, tel 949-630-5577

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
20 weeks @ 40 hrs/wk

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Margot Murphy

Business Listed By:
Margot Murphy

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Sponsoring Broker:
Ronald Hottes

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