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Long Beach, Los Angeles County, California
Established Italian Restaurant & Pizzeria / Owner Retiring
Asking Price
$330,000
Revenue
$380,818
Down
Call/Email
Cash Flow
$115,000
Description
Excellent opportunity to acquire a well-established and locally recognized Italian restaurant and pizzeria that has been operating from the same Orange County location for more than 30 years.
This is a true turnkey restaurant with a long operating history, established customer base, experienced staff, and a strong reputation in the local community. The restaurant offers Italian cuisine, pizza, takeout, and its own in-house delivery service providing multiple sources of revenue without relying entirely on third-party delivery companies.
The business is currently owned by two partners. One partner has a relatively absentee role, while the other oversees the operation, providing an opportunity for a hands-on new owner to further improve profitability and grow the business.
Business Highlights:
* More than 30 years at the same location
* Established neighborhood customer base
* Well-known Italian cuisine and pizza concept
* Dine-in, takeout, and delivery
* California ABC Type 41 Beer & Wine License Included
* In-house delivery operation
* Turnkey restaurant operation
* Experienced staff and established systems
* Approximately 3 years remaining on the current lease with 5-year lease option
* Potential for an owner-operator to increase profitability
* Seller is selling due to retirement
This is an excellent opportunity for an experienced restaurant operator, family business, or entrepreneur looking to acquire an established restaurant rather than starting from scratch.
**Financial information, business name, and exact location will be provided to qualified buyers after execution of a Confidentiality Agreement/NDA.**
Serious and financially qualified inquiries only.
Presented by Monarch Business Brokers
Dave Shah, Managing Director
(949) 910-5580
shahidzadeh 01873211
Business Details
Year Established:
1996
Employees:
8
Reason for sale:
The owner is retiring after many years in business.
Support & Training:
Seller will provide reasonable training and transition assistance to ensure a smooth transfer of ownership.
Property Information
Size in Square Feet:
1,800 sqft
Lease Terms:
Approximately 3 years remaining on current lease with a 5-year option.
Premises Details:
Established restaurant location with fully equipped kitchen dining area, takeout and delivery operation. Furniture, fixtures and equipment included, subject to final inventory.
Lease & Tenant Information
Lease Options:
$4,677
Posting Information
Posting ID:
7377559
Business Category:
Restaurants & Food
Business Types:
Italian Restaurant
Keywords:
Italian Restaurant, Pizzeria
Attributes:
Training And Support
Non-Disclosure Agreement
Interested in this business? Request to sign the NDA to receive exclusive information.
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Established Italian Restaurant & Pizzeria / Owner Retiring
Posting ID
#7377559
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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