Profile: Profitable Pizza & Pasta Restaurant With Wine & Beer License.
|
Ad/Listing Information
|
Contact Information |
 |
|
|
| Seller Or Contact: |
Jenny Pham, Broker
|
|
| Primary Phone: |
858-225-1212 |
|
| Alternate Phone: |
None Given |
|
| DRE Number: |
01864688 |
|
| Email Address: |
Email This Advertiser |
|
| Date Started: |
3/6/10 |
|
| Date Last Revised: |
3/6/10 |
|
| BizBen Ad #: |
149384 |
|
| Financial Information |
Detailed Information |
|
| Asking Price: |
$150,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$240,000 |
| Annual Adjusted Net: |
$65,000 |
| Price Range: |
$100,001 to $250,000 |
|
| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
|
|
|
Description:
|
Located In Downtown LA Jolla, This Independently Owned Restaurant Has Been Established For Over 17 Years With About 3 Years By Current Owner. The Lease (Apx 1,900 Sf) Is Up In 10/2011, And There Is A 5-Year Renewal Option. The Full Menu Includes Appetizers, Soup, Pizza, Other Common Italian Dishes, Seafood Specialties And Desserts. There Is Also A Menu For Wine And Beer. The Restaurant Hosts Open Mic Night With Original Music Every Friday. What’s More, The Menu Has Just Been Inside The Rooms Of One Of The Hotels In LA Jolla And Will Be In Another Hotel With 340 Rooms In December 2009, So There Are Additional Revenues And Profits To Be Made. Revenues Are Generated From Both New And Repeated Customers And Catering Activities.
The Restaurant Comes All Equipped With About 70,000 Worth Of Furniture And Equipments, Ready For Your Venture. Wine & Beer License And Environmental Health Permit Are Good For Another Year As They Have Just Been Renewed. All Advertising Expenses, Including Yellow Book, And Fees For Menu To Be Inside The 2 Hotels, Have Been Prepaid And Are Good Through Most 2010 Or Part Of 2011. Owner Is Very Motivated To Sell.
Employees: 4 Pt, 2 Ft Including Owner
Reason For Selling: Owner Wants To Pursue A Higher Degree In Science Field And No Longer Wants To Work In Restaurants.
Training: Seller Will Train For 10 Days Full-Time
Seller May Consider Financing To Strong Buyers.
|
For More Info Call: (Please Mention You Saw This Ad On BizBen):
Jenny Pham, Broker at 858-225-1212 Non Disclosure Agreement |
See All Our Other Businesses For Sale We Have Available
|
|
