Well established, prime location pizza shop. Located in a very busy shopping center, that is anchored by Starbucks coffee, and close to film studios such as “Big Bang Theory Warner Brothers”, 20Th Century, Fox Film Corp. “Jessy” Hollywood Center Studios, Josh Brooklyn Scandal “sunset Gower Studios, Universal studios, and MBC with whom the shop has good accounts in place. Rent is $4,266 that includes the NNN. Has one year lease left plus 10 options(total of 11 years).Dine-in and take-out. Catering to parties is a high source of this business’ income. Kitchen is equipped with a double oven, dough machine, a refrigerator, a freezer, a fryer,, a large ice machine, 6 burner stove,6’-7’ sandwich table, 6 tables of 4,racks, cable internet etc. . Not a franchise so there is no royalty fees. Seats 20 patrons, serving New York style pizza, pasta, salads, and appetizers.
Average gross sales are $40,000/MO as per seller statement. This is an asset sale, buyer to verify income during due diligence period. This establishment is 100% help run. Best if operated by a family so you can cut on payroll and have a loyal staff.
Owner owns another successful Mexican food restaurant and cannot manage both.
- All equipment included. still has one year lease plus 10 years options.
- The only pizza serving New York style pizza in the area.
- Growth & Expansion:
- seller does not have time for this shop ,she owns a Mexican food restaurant that she wants to dedicate her time for it.
- Support & Training:
- after close of escrow.
- Reason for Selling:
- has another restaurant to take care of.
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