Price: $450,000
Location: Orange County
Industry: Pizza Restaurants
Listing ID: 01985351WP
Listing Status: Reduced Price
Listing ID - 01985351WP
SELLER FINANCING WITH BUYER'S 50% CASH DOWN! NO SBA, JUST SELLER FINANCING!
For sale is a very busy Pizza Parlor that has an ABC Type 41 Beer & Wine License, and lots of cash income from arcade games and pool tables.
A full staff of 12 employees including a full-time manager ($5K/mo) are on the payroll.
It has been established for just a couple of years, but it has lots of traction accumulating many loyal regular customers.
Many local recreational sports teams come for after-parties, many birthdays, and league play.
They get a good amount of catering orders.
This prime South Orange County location has very little competition in the area.
They have newer equipment with full walk-in refrigeration, a deep fryer, lots of prep tables, and of course top of line pizza ovens and tap beer.
This business is turnkey, and fully developed ready for a new owner.
This is a confidential sale, please be discrete, DO NOT TALK TO EMPLOYEES and CUSTOMERS.
Please note, bank financing will not be possible for this business, because 3 years of tax returns does not exist.
Seller financing of $225,000 with Buyer's Down Payment of $225,000. Seller Loan shall be for 5 years with 6% Interest. Buyer must qualify with good credit, net worth, and experience.
Down Payment: $450,000
Total Sales: $1,000,000
Cash Flow: $180,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $150,000
FFE Included: Yes
Inventory: $10,000
Inventory Included: No
Year Established: 2021
Days & Hours of Operation: 7 Days (Tue to Thur: 11am to 10pm) / (Fri & Sat: 11am to 11pm) / (Sun & Mon: 11am to 9pm)
Owner Hours Per Week: Absentee
Non-Owner Payroll: N/A
Employees: 11
Managers: 1
Absentee Owner: Yes
Lease Option: 5 Years (2)
Real Estate: N/A
Monthly Rent: $13,000
Type of Location: Strip Center
Square Footage: 3500
Franchise: No
Reason For Sale: Moved Out of State
