2nd Generation Pizza Restaurant – Asset Sale located in Glendale, California. The restaurant is currently operating as an independent pizza concept following the conclusion of its former Papa John’s franchise agreement, utilizing the existing restaurant buildout, equipment, and infrastructure. Situated in Glendale, the location offers strong visibility and convenient access within a dense residential and commercial trade area. The space features a complete pizza restaurant buildout with quality furniture, fixtures and equipment (FF&E) in place, positioning it well for a new operator looking to launch or expand a pizza, delivery, takeout, or similar quick-service restaurant concept. Ideally located near Downtown Glendale with convenient access to Interstate 5, State Route 134 and State Route 2, the site benefits from a large surrounding residential population, strong daytime employment, and significant commuter traffic. The location is also within proximity to The Americana at Brand and Glendale Galleria, two major regional shopping and entertainment destinations that contribute substantial traffic to the surrounding area. Originally built and operated as a Papa John’s, the restaurant was designed for high-volume pizza production, takeout and delivery operations. The asset sale includes valuable FF&E, leasehold improvements, and the existing second-generation restaurant setup, providing a new operator the opportunity to significantly reduce the startup costs and time associated with building a restaurant from scratch. This Glendale location offers a strong foundation, excellent surrounding demographics, convenient freeway access, and the advantage of acquiring an operating second-generation pizza restaurant opportunity in a well-established Southern California market. Confidential sale. Do not visit the business or contact employees.
- Asking Price:
- $99,000
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
4 Year - With additional 5 Year Option to extend
- Location:
-
Glendale, CA
- Size in square feet:
- 1,524
Business Operation
- Reasons for selling:
-
Franchise Agreement With Papa John's has ended
- Years established:
- 17 Years
Other Information
- Furniture / Fixtures value:
- $81,600
- Business closed / Asset sale:
- Yes
