Pizza Shop

Moreno Valley, CA (Riverside County)

Pizza Shop

Asking Price:$80,000

Cash Flow:$70,000

Gross Revenue:$252,000

EBITDA:$70,000

FF&E:$30,000

Inventory:$3,000*

Lease Rate/Sq. Ft.:$2.73

Established:1992

*not included in asking price.

Pizza Shop

Get Financing Save Print Share Valuation Report

Business Description

PROFITABLE AND ESTABLISHED. Yearly Gross is $252,000 and Owner Net is $70,000 - $80,000 for a working-owner-operator. Pizza shop serves the Hemet and San Jacinto communities. Profitable for over 21 years, this Riverside County pizza shop has established a reputation for serving great tasting pizza, subs, pasta dishes, wings and salads. Business is located in a power shopping center occupied by many national retail chains and surrounded by residential communities, is near a commercial business area and is located on a major busy street. 95% of business sales are generated in delivery and carry-out. Abut 33% of sale revenue is from delivery. This restaurant has a fully equipped turn-key kitchen and an excellent POS system and more. Business has a website and a new APP for iphones. About 50% of the customers pay in cash and 50% pay with credit cards. Great employees are long-term and well trained. Current owner is an absentee owner and does not work at the restaurant. Buyer can operate the business as a 100% owner-operator or as a family run operation or the buyer can operate the pizza shop as an absentee-owner and expect an annual cash flow of about $46,000 or higher. Seller says that there is room to add about another 900SF for a dining room with for additional rent and lease.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
9/1/2023
Employees:
2 F-T and 1 P-T
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This restaurant 900 SF has a fully equipped turn-key kitchen and an excellent POS system and more.Business is located in a power shopping center occupied by many national retail chains and surrounded by residential communities, is near a commercial business area and is located on a major busy street.
Competition:
The market is competitive, but the business has advantage of great reputation, location, good food quality for a good rating on Yelp.
Growth & Expansion:
The business can grow through additional networking, advertising and a full-time working owner.
Financing:
None
Support & Training:
2 weel at 40 hours per week
Reason for Selling:
Personal Family Reason

Listing Statistics for Premium Members

Ad#:1305437 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Tom Van Gilder

Business Listed By:
Tom Van Gilder

The Chase Group

Show Phone Number

View My Listings


Sponsoring Broker:
Gregory DiCristina

Find out more...

Get more details about this business.


Similar Listings


Zoup!

Franchise Opportunity
Capital Required: $375,000