Business For Sale Listing 155040
Pizza Restaurant
Status as of Nov-21-2008 at 05:59 PM: Active
Business Summary
Well established family & casual style Pizzeria located in the middle of residential area of East Long Beach (Orange County boarder).
This high volume restaurant which is very popular in the neighborhood and surrounding area for the last 12 years serves Pizza, Pasta, Sandwiches, Burgers, and some other home style old fashion Italian Dishes. The place has a Pool table and some games for kids , 2 Big Screen TV’s for sporting events and serve Beer & Wine.
There are 2 High Schools, 2 Middle Schools and 3 Elementary schools are in one mile radius of this place and Cal State Long Beach, and Long Beach City College, Parks, Police academy, local churches, Boeing Air Craft which occupies 4 blocks nearby are source of lunch business to this restaurant. They also have 5 drivers to deliver Pizza and other food to area residents and customers. The dinning room seats about 58 people.
This restaurant is very busy at night especially on Friday & Saturday nights.
Annual Revenue: $575,000
FF&E (Included in the price): $30,000
Inventory (Included in the price) $ 3,000
Seller’s Discretionary Cash Flow: $160,000
Asking Price: $450,000
Disclaimer: The information above was furnished by the seller. Neither the broker nor its agents have verified the information and make no representations as to its accuracy or reliability.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (575,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (160,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (450,000) |
