This profitable take-out, delivery and dine-in Italian pizza restaurant has been operating for 20 years in Sherman Oaks, San Fernando Valley. It is located on a busy street with high visibility. The restaurant serves breakfast, lunch & dinner and opens seven days a week. It offers a diverse menu that includes varieties of gourmet & healthy pizzas, salads, gourmet burgers, sandwiches, pasta and desserts. Take-out and delivery accounts for about 80% of revenue. It seats 14 inside and 8 outside. Rent for ~900 sf facility is $2,000/month. Owner works full time at the restaurant. Revenue for 2016 was $480,000 with a net profit of $80,000. Price to sell is $170,000. For more information, please visit to print or complete a Confidentiality Form online and contact Rashid Khalid
- Asking Price:
- $170,000 Furniture / Fixtures included
- Sales Revenue:
- $480,000
- Cash Flow:
- $80,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
2 at 5 year option
- Leasehold Rent:
-
$24,000 per annum
- Location:
-
Busy Street with High Visibility
- Premises Details:
-
Rent for 900 s.f. is $2,000/mo.
- Size in square feet:
- 900
Business Operation
- Reasons for selling:
-
Other businesses
- Trading hours:
-
7 days
- Years established:
- 1997
Other Information
- Support & training:
-
2 weeks at 30 hours per week following close of escrow
- Furniture / Fixtures value:
- $20,000 - included in the asking price
- Inventory / Stock value:
- $1,500
