Placer County Pizza Restaurant

, California 21 views 0 favorites

Financial Highlights
Asking Price
$132,000
Revenue
$263,197
Business Description

Here’s a great opportunity to own a thriving and profitable Pizza business in an excellent area! This turnkey pizza restaurant has an appealing concept that makes it stand out from your usual Mom n’ Pop type place. The shop has a modern style, and has a great reputation based on offering top quality artisanal pizzas made with locally sourced ingredients offered at very reasonable prices. The restaurant is located in a desirable community off of the I-80 corridor with higher-than-average incomes, lots of families, and tourists visits to its historic Downtown as well as many regional summer and winter recreational activities. The restaurant is approx 1100sf with seating for approx 30 inside plus a few more outside. There is an excellent Lease in place with Total rent only $1,650! The space shows pride of ownership and has had recent improvements made in the kitchen and to the flooring and paint. The kitchen is set up with a top-quality wood fired pizza oven, double reach-In, globe mixer, new POS system and much more! The sale includes a Type 41 Beer & Wine license. The business has done well throughout the changing restrictions for Covid pivoting to take-out only for most of 2020. 2020 Net Sales were $263k with Net $47k, and 2021 Net sales ended at $298k! 2022 Monthly Sales are continuing to trend up over same time in 2021, 2020 and 2019. Prior to 2020, the business was 2/3rds dine in and 1/3 take out. Dine In has returned in 2021, and Seller says business is booming! Business is doing well with Dine-In and Take-Out but the next owner could add local delivery to grow the business. Interested? This is a semi-confidential listing. Registration with NDA is required in order to receive financial details. PLEASE DO NOT DISTURB THE STAFF OR BUSINESS. TOURS ARE ARRANGED THRU THE BROKER ONLY. We look forward to talking with you about this exciting opportunity! Location: Colfax, California Number of Employees: 1FT Owner + 8 Real Estate: Leased Building Sq. Ft.: 1,100 Rent: $1,650.00 Per Month Lease Expiration: 11/30/2024 Facilities: 1100sf with woodfired pizza oven. Seats approx 35 inside. Total Rent only $1650 with Lease Oct 2021 + 3yr Option. Market Outlook/ Competition: Great location with loyal local following plus visitors and travelers from outside the area. Growth & Expansion: Did very well through the 2020 Covid restrictions. 2021 sales were approx $298k and are continuing to trend upward over previous years. New owner could add local delivery as a way to expand.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 3 days ago

Views: 21

Favorites: 0