$399,000.00
Asking Price
Address: Union City,
Status: Active
Posting ID: 282900
9/17/23
Description
For sale is a leading pizza brand with over 40 years in business, and more than 250 restaurants across California, Oregon, Nevada, Arizona, Utah, and Idaho. Built in 2009 and under current ownership since 2013, this absentee-run restaurant is in an open-air shopping mall in Union City with over 70 stores, entertainment, hotels, and services. Ideal location surrounded by dense residential and commercial neighborhoods. There is tons of upside potential for a new buyer.
Equipment: Type-1 hood, Double Deck conveyor Pizza Oven, Two Cash Registers with POS, Pizza Prep tables with undercounter refrigerators, Dough Maker, Dough roller, Walk-In cooler, 8 Beer Taps, Multiple LED TV screens, Menu Monitors & much more. A complete list of equipment is available with the Listing Broker.
General Information:
Organization: Corporation | Square Footage: 3510 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, ABC Type-41 Beer & Wine Lic. (Included & Transferable) | Hours: 11 am-9:00 pm | Reason for Sale: Other Business Interests | Franchise Royalty: 8% (including 3% towards marketing), Franchise Transfer Fee: $15k for existing Franchisee & 30k for new franchisee | Seating Capacity: 150
Lease Information:
Rent: $21,900/month, including NNN. Current term expiring 09/13/2024 Plus 5-year option.
Revenue:
Gross Sales: ~$81,000/Month
Financing:
All cash/SBA
All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents cannot and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
To get more information about this Franchised Pizza Restaurant - 40+ Years business for sale in Union City please phone Harry Sidhu, CBB, CBI (Intermediary, ProBuySell Member, Broker - BRE License #:01433114) at 510-490-9705 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #282900 on BizBen.com. In addition to phoning Harry Sidhu, CBB, CBI, make sure you email Harry Sidhu, CBB, CBI above to get more info about this Franchised Pizza Restaurant - 40+ Years, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01433114. Mission Peak Brokers, Inc..
Contact
Details
Asking Price: $399,000.00
Down: Call/Email
Cash Flow: $190,000.00
Revenue: $972,000.00
Area: Union City
City: Union City
Attributes:
My Notes About This Listing
Total Investment
$100,000
Min Liquid Cash
$80,000
Net Worth
$100,000
Posting: 284068 | Available | 12/9/23
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Down
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Revenue
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Down
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Down
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Down
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Down
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
$395,000
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Down
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Revenue
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Down
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Asking Price
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Revenue
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Down
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Down
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Down
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Down
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Down
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Cash flow
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Revenue
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Down
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Welcome to the Heart of Glendale: A Stunning, Fully Remodeled Restaurant with Immense Potential.
Asking Price
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I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
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For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
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I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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ABC license specialist and owner of ABC Licensing Services, Elaine Olshanetsky, has 25 + years of experience obtaining and transferring liquor licenses for clients. assisted new buyers as well as seasoned professionals.
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The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
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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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