Glendale, Los Angeles County, California
Asking Price
$99,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Year Established:
2009
FE&E:
81,600
Reason for sale:
Franchise Agreement With Papa John's has ended
Support & Training:
NA
Size in Square Feet:
1,524 sqft
Lease Terms:
4 Year - With additional 5 Year Option to extend
Premises Details:
Fully equipped, turnkey pizza restaurant formerly operated as a Papa John’s and currently operating as Pizza Method. Significant value in the existing restaurant buildout, allowing a new operator to avoid the substantial cost and time of building a location from scratch. Equipment includes commercial pizza oven, walk-in cooler, hood and exhaust system, makeline, cutting and prep stations, stainless-steel tables and racks, sinks, POS system, security cameras, central A/C, storage, counters, TVs, pizza screens, pans, utensils and more. FF&E has an estimated current value of approximately $80,640. The existing buildout and infrastructure add substantial additional value beyond the equipment. Attractive lease terms with relatively low occupancy cost compared to the expense of securing and building out a new restaurant location.
Lease Options:
$5,800
Posting ID:
6210318
Business Category:
Restaurants & Food
Business Types:
Pizza Restaurant
Pasta & Pizza Shop
Italian Restaurant
Keywords:
Pizza Restaurant
Pizza Shopp
Restaurant Space
Former Papa John's
Glendale Restaurant
Attributes:
Tangible Assets Sale Only
Training And Support
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