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For Sale: Franchised Pizza Restaurant - 40+ Years - Union City, California

$349,000.00

Asking Price

  • Address: Union City,

Union City Franchised Pizza Restaurant - 40+ Years Business For Sale
Franchised Pizza Restaurant - 40+ Years Company For Sale

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:  $22,045/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 - 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..

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Contact

  1. Name: Harry Sidhu, CBB, CBI
  2. phone iconPhone: 510-490-9705

Details

  1. Asking Price: $349,000.00

  2. Down: Call/Email

  3. Cash Flow: $190,000.00

  4. Revenue:    $972,000.00

  1. Area: Union City

  2. City: Union City

  1. Attributes:

    Broker CooperationAbsentee RunSemi-Absentee RunTraining & SupportSBA Loan Pre-Qualified

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Related Links & Information Regarding This Posting

Email Harry Sidhu, CBB, CBI Below About This Posting


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