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Pizza Restaurant For Sale - Santa Barbara, California

Ad/Listing Information
 
Status: Off The Market
Location: Goleta Area
County: Santa Barbara
City: Santa Barbara
 
 
 
 
 
 
  
 
 
 
Financial Information Detailed Information
 
Price:      $340,000
Down:      Call/Email
Revenue:      $750,000
Adj. Net:      Call/Email
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Call
Franchise:      No
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This Goleta Area Pizza Restaurant Business For Sale:

Asking: 340,000
Gross: 750,000
Ff&e: 250,000
Inventory: 8,000

Business Summary:

- Long Established Pizza/Pasta Restaurant For Sale established 40 Years!
- Prime Location In Busy, Busy Shopping Center W/Front & Rear Parking
- Localse ‚ „ Favorite - Fun Eatery For Families, High School Students And College Students Alike.
- Minutes Away From Ucsb!
- Very Popular For Birthday Parties - Restaurant Has Separate Party Room And Arcade!
- Arcade Generates Approx. 6- 9K Profit Alone Monthly
- Fully Equipped Kitchen With Over 250,000 In High Quality Furniture/Fixtures/Equipment And Tenant Improvements
- All Equipment Is Owned Free & Clear Except For One Coffee Maker
- All Restrooms Have Been Recently Remodeled And Handicapped & Handicapped
- Newly Installed Marble Floors Throughout The Restaurant And Counter Facings
- New Security Cameras With Internet Capability - Real Time Access Anywhere
- Beer & Wine License Included
- Many Expansion Possibilities: Expanding Game Room W/New Games, Catering, More Advertising. Trained.
- Courteous Staff In Place
- Long Lease Term At Extra Low Rate - 14 Years Remaining
- Great Family Business Or First Time Owners. Turn Key.
- Website In Place

General Information:

Year Established: 1968

Employees: 20 (17 Part Time And 3 Full Time)

Facilities: Spacious And In Excellent Condition. 4600 Square Feet @ Only 2.17 Per Square Foot. Large Party Room And Separate Arcade Room. Sidewalk Dining. 9 Years Remaining On Lease Plus One 5 Year Option.

Market Outlook
Competition: Competitor Just Closed! Giovannia Across The Street Across The Street Was Taking 15K Gross Monthly.

About The Sale

Financing: Owner Would Prefer An All Cash Offer, But Will Consider Some Financing For Qualified Buyers.

Support/Training: Seller Will Provide Training

Reason Selling: Owner Would Like To Retire. Was Fully Managed For 7 Years. Owner Has Been Back For 18 Months.


Pizza Restaurant For Sale And Goleta Area Region Related Links:

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More Santa Barbara County Information For Buying & Selling Santa Barbara County Businesses


Santa Barbara County Resources - Services Needed When Buying/Selling A Business
Santa Barbara County Business Brokers - Brokers & Agents That Service Santa Barbara County
Santa Barbara County New Franchise Opportunities - New Start-Up Franchises Available
Santa Barbara County Franchise Resales - Established Franchise Resales For Sale
Santa Barbara County New Business Opportunities - Opportunities, Licensing Ventures

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