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Pizza & Italian Restaurant
Woodland Hills
Local Neighborhood Italian/Pizza Restaurant! This turn-key restaurant is well suited for an owner-operator chef. The Business is located in a highly visible retail shopping center, off of a busy street with plenty of free parking. The restaurant has a very loyal customer base, as you will see by the generous online reviews. The four star yelp rating continues to drive new business! Current staff is well-trained and cross-trained for various responsibilities. The kitchen has a large four slot pizza oven (Bakers Pride brand), a large walk in fridge, and all the other equipment needed to run a larger restaurant. Seller states monthly gross sales are close to $30,000 and steadily rising. Restaurant is approximately 1,100 SF with seating for approximately 45-50 people. Rent is $2,551 all in. The current lease term expires May 2017 but there should not be any problems getting a lease extension at closing. Seller has begun to increase the catering side of the business with corporate customers, which provides a huge upside and source of growth for any new owner. Seller is retiring and moving out of state. Call or Email Now!

Listing Number:

00050

Category:

Food - Pizza,Food - Restaurant

Location:

Woodland Hills

SOLD

Financial Information:

Gross Revenue:

$350,000

Listed Price:

$59,000

Total Adjusted Net Income:

$12,126
Equipment / Fixtures:
$52,600

Year Established:

2012

General Location:

Woodland Hills

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Pizza & Italian Restaurant

Location: Woodland Hills

Local Neighborhood Italian/Pizza Restaurant! This turn-key restaurant is well suited for an owner-operator chef. The Business is located in a highly visible retail shopping center, off of a busy street with plenty of free parking. The restaurant has a very loyal customer base, as you will see by the generous online reviews. The four star yelp rating continues to drive new business! Current staff is well-trained and cross-trained for various responsibilities. The kitchen has a large four slot pizza oven (Bakers Pride brand), a large walk in fridge, and all the other equipment needed to run a larger restaurant. Seller states monthly gross sales are close to $30,000 and steadily rising. Restaurant is approximately 1,100 SF with seating for approximately 45-50 people. Rent is $2,551 all in. The current lease term expires May 2017 but there should not be any problems getting a lease extension at closing. Seller has begun to increase the catering side of the business with corporate customers, which provides a huge upside and source of growth for any new owner. Seller is retiring and moving out of state. Call or Email Now!

Listing Number:

00050

Category:

Food - Pizza

Location:

Woodland Hills

A man with glasses and a beard is smiling in a circle.
Ciro 'Vic' Coppola

Office: (702) 368-2500   |  Cell: (725) 233-3333

License #: BS.0146004

Financial Information:

Gross Revenue

$350,000

Listed Price:

$59,000

Lease Information:

Square Feet:

1100

Total Rent:

$2,551

Lease Expiration:

5/2017

Lease Options:

None

Asset Information:

Leasehold Improvements:

$13,000

Equipment / Fixtures:

$52,600

Additional Information:

Full-Time Employees:

3

Part-Time Employees:

9

Training Period:

30 Days

Reason for Selling:

Retiring/Moving out of state

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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