Price Reduced! Pizza Restaurant With Patio Located On Major Hwy

Placerville, CA (El Dorado County)

Price Reduced! Pizza Restaurant With Patio Located On Major Hwy

Asking Price:$125,000

Cash Flow:$72,000

Gross Revenue:$300,000





Price Reduced! Pizza Restaurant With Patio Located On Major Hwy

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Business Description

Price Reduced! Pizza Restaurant With Patio Located On Major Hwy - 26 Years In Present Ownership.

RRC#: 2531
Asking Price: $125,000
Location: Placerville, El Dorado County, California
Yearly Revenue: $300,000
Yearly Cash Flow: $72,000
Monthly Rent: 2500 Inclusive

Price Reduced to $125k and the seller may carry a note for a large portion of the sale to well qualified buyers. This 1600+ sq ft Gem of a Pizza restaurant which is for sale for the first time in 26 years and includes an ABC type 41 beer and wine license. This is not Rocket Science, this is Pizza! Comfortably seating 60+ inside with a further 20 on the outdoor patio. The location alone is well worth noting as this $72,000 annual sellers discretionary cash-flow is a highly profitable business located right on Hwy 50. This is at the gateway to South Lake Tahoe and the restaurant enjoys tremendous customer traffic during the summer and winter seasons. Locally, this is set amid the many El Dorado wineries and the popular Apple Hill Pumpkin, Apple cider and Christmas tree center. The kitchen has a type 2 hood, conveyor type pizza oven, ice machine, 3 compartment sink, refrigerated worktops and 10'' x 10'' walk-in cold room for all food and drink storage all bought and paid for with no lease payments. The dining room is nicely appointed with bench seating for 60+. entertainment game machines and a covered outdoor patio seating 20. The fully compliant ADA restrooms are communal and shared with other neighboring businesses and therefore does not cut into the square footage of the restaurant. This is a 500 sq ft advantage and is therefore not included in the monthly rent. which is only $2,500 inc NNN which is well below market rate. The present owner has owned & operated this restaurant for 26 years which is only open 4 days per week. A new owner/operator would benefit greatly by opening more frequently in this AAA location. Complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, financials & lease information for this business opportunity. We will also send you the broker contact so you can discuss in more detail.

Organization: Sole Proprietorship | Year Established: 1990 | Current Owner: 1990 | Employees: 3 | Seating: 60 + 20 Patio | Square Footage: 1660 + Patio | Parking: 25 | Licenses Required: Health, Business and ABC Type 41 License | Days Open/Hours: Wednesday - Sunday 11am - 9pm Closed Monday & Tuesday | Reason For Sale: Other Interests |

Yearly Revenues: $300,000 | Yearly Cash Flow: $72,000 |

Monthly Rent: 2500 Inclusive | Lease Expiration: 2016 | Yearly Adjustment: New Lease Negotiable | Lease Option: New Lease Negotiable | Security Deposit: 2500 |

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Steven D . Zimmerman CBI, CBB

Business Listed By:
Steven D . Zimmerman CBI, CBB

Restaurant Realty Company

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Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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