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Available: Pizza Restaurant Franchise - San Jose, Santa Clara County

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Current Status: In Contract     Posting #: 229340     Last Refreshed: 7/18/17     BRE License #: 01387995    
Contact: Maggy Slavova At 408-829-2315  -  Also Email This Contact Below
Price:  $190,000     Down:  $190,000     Adjusted Net:  Call     Revenue:  $540,000    
Business Address:  None Given     City:  San Jose     Zip:      
Attributes:  Training & Support     Cooperation With Brokers?  Yes
San Jose, Santa Clara County Pizza Restaurant Franchise Business For Sale

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For Best Results & Response, Email & Phone This Contact: Maggy Slavova at 408-829-2315.

  Description About This Posting: Pizza Restaurant Franchise
This is a popular California franchise pizza restaurant located in a busy shopping mall in San Jose. It serves pizzas and salads with varieties of veggie, halal and meet options with separate stations for preparation of the food. The capacity is 120 seats with few tables outside. The restaurant has a professional pizza hood, pizza oven, walking cooler, dough maker, coolers and freezer, system of required sinks, dishwasher (leased), preparation tables, security system. The franchise fees is 3% of the gross sales and $8,000 transfer fees. Beer & wine liquor license. The future buyer can add other items to the menu but need to keep the restaurant as pizza. Another franchise or independent operation is acceptable.

General information
Location: shopping mall center
Co tenants: other business and restaurants
Signage: building signage
Ownership: individual
Seating: 120 seats
Size:
2,950 square feet
Parking: business center parking
License(s): business, boe, ABC 41
Open: open 7 days a week. Mon - sun: 11 AM - 9 PM.
Reason for sale: other interests and health reasons

Lease information
Lease/rent: approximately $13,300 total. Rent includes NNN and outside police security
Lease expiration: 2020
Yearly adjustment: tbd
Lease option: one 10-years option plus one 5 years option
Security deposit: $6,700 (last month rent)

Financial information
Revenue: approx. $540,000 per year.
Cash flow: to qualified buyers
Equipment/ inventory: equipment list
Payroll: 7 part time.
Franchise royalties: 3%, $8,000 transfer fees
Expenses: rent, utilities, insurance, maintenance
New terms: all cash

To get more information about this Pizza Restaurant Franchise business for sale in San Jose, Santa Clara County please phone Maggy Slavova (Broker - BRE License #:01387995) at 408-829-2315 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #229340 on BizBen.com. In addition to phoning Maggy Slavova, make sure you email Maggy Slavova above to get more info about this Pizza Restaurant Franchise, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.

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