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| Phone: 408-829-2315 | |
| Fax: 408-926-9602 | |
| maggyslavova@yahoo.com |
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PIZZA RESTAURANTFOR SALE: |
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GTR#: 1628
PIZZA RESTAURANT
Asking Price: $190,000
SAN JOSE, CA
| Size/Seating Capacity: | Approximately 2,950 sq .ft./ 120 seats |
| Rent: | $13,300 Total |
| Lease Terms: | Expires 2020 with 15- years option |
| Revenue: | Approx. $540,000 per year |
| Printable Flyer | Non-Disclosure Agreement (NDA) |
PROPERTY PROFILE
This is a popular California franchise pizza restaurant located in a busy shopping mall in San Jose. It serves pizzas and salads with varieties of veggie, halal and meet options with separate stations for preparation of the food. The capacity is 120 seats with few tables outside. The restaurant has a professional pizza hood, pizza oven, walking cooler, dough maker, coolers and freezer, system of required sinks, dishwasher (leased), preparation tables, security system. The franchise fees is 3% of the gross sales and $8,000 transfer fees. Beer & Wine liquor license. The future buyer can add other items to the menu but need to keep the restaurant as pizza. Another franchise or independent operation is acceptable.
GENERAL INFORMATION
| Location: | Shopping Mall Center |
| Co Tenants: | Other business and restaurants |
| Signage: | Building Signage | Ownership: | Individual |
| Seating: | 120 Seats |
| Size: | 2,950 square feet |
| Parking: | Business center parking |
| License(s): | Business, BOE, ABC 41 |
| Open: | Open 7 days a week. Mon - Sun: 11 AM - 9 PM. |
| Reason For Sale: | Other interests and health reasons |
LEASE INFORMATION
| Lease/Rent: | Approximately $13,300 total. Rent includes NNN and outside police security |
| Lease Expiration: | 2020 |
| Yearly Adjustment: | TBD |
| Lease Option: | One 10-years option plus one 5 years option |
| Security Deposit: | $6,700 (last month rent) |
FINANCIAL INFORMATION
| Revenue: | Approx. $540,000 per year. |
| Cash Flow: | To qualified buyers |
| Equipment/ Inventory: | Equipment List |
| Payroll: | 7 part time. |
| Franchise Royalties: | 3%, $8,000 transfer fees |
| Expenses: | Rent, Utilities, Insurance, Maintenance |
| New Terms: | All Cash |
CONTACT INFORMATION
| Listed by: | Maggy Slavova, BRE# 01387995 |
| Phone: | 408.829.2315 |
| Phone: | 408.771.7730 |
| Fax: | 408.926.9602 |
| Email: | maggyslavova@yahoo.com, maggy@goldentrustrealty.com |
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.