High Volume Profitable Mountain Mike's Franchise pizza Restaurant for Sale in Central Coastal City - CA
Well established Pizza restaurant doing approximately $125,000 monthly average plus high arcade income, money making business.
RENT: $10,594 Per Month
10 Year first term, 30 year Total.
Increases in accordance to CPI Index of Riverside/LA (2.5-3%)
CAM/PROP Tax: $10,400 Per Year ($866/Month)
$2.34 Per Sq Ft Including NNN (Cheap for a Beach location)
Sq Ft: 4,900-/+
No Franchise Remodels for next 8+ years
Arcade Income: Roughly $59,000-/+ Per Year on top of Restaurant Sales Profit.
Seller will show all deposited checks from Vendor upon Approved Offer. Arcade Income Increases as Sales Increase. 3rd party owns and fully maintains machines, all systems are online, and Sales figures are transparent via App,
in real time to eliminate theft or confusion.
Add Backs:
-2024 $6,600+ Cash Shortage (avoidable if present on regular basis)
-Merchant fees of $20,000+ Per Year, as we just started charging a 2% CC Fee per CC/Debit Transaction with no Customer Pushback, as it is a common practice in the Pismo area.
??????$26,600, added to your bottom line.
The site is new, organized, and has a great trained staff in place, and there is room to grow as the economy gets back to normal after inflationary pressures ease.
#2 Highest Dine Sales in MMP system
??? -Top 5 Restaurant Excellence Winner in MMP System 2024
Seller will provide everything in Working Condition and 30-day Warranty on Equipment, All Equipment Serviced, and Stocked Inventory.
Asking Sales Price: $1.1 M for Business
Ad#:2393378
