$998,000.00
Asking Price
Address: Long Beach,
Status: Active
Posting ID: 283805
11/12/23
Description
This dominant 2 location Long Beach pizza chain boasts a well-known brand with a loyal following. The company was established by industry professionals with a growth mindset for this highly scalable concept. As a result, the company has an infrastructure that has been designed to be scaled. Each location has a beer and wine license, which makes their outdoor patios even more attractive to patrons. Both locations have a two stack pizza oven and three bucket sink. One has a double decker convection oven while the other offers patrons a convenient onsite parking lot.
The 1,800 square foot locations lease for $7.3k and $7.7k per month, on leases with 7 and 8 years remaining and a 10 year renewal option. All of the business’s furniture, fixtures, equipment, goodwill and Type 41 Beer and Wine licenses will be included in the sale. An additional $5k per location in inventory will be sold at cost at close in addition to purchase price.
When launched this pizza brand quickly gained notoriety in the Long Beach communities it served. A strong loyal following ensued and has remained consistent, allowing the company to enjoy a stable and relatively predicable revenue base. While pizza is a perennially competitive food category, the market has clearly spoken and determined this this brand espouses a superior culinary offering in what are known to be highly inviting dining environments.
New management will want to capitalize on the professional infrastructure this brand put in place to facilitate a multi-location regional chain. While this concept has certainly been embraced, new management may supplement the current menu with their own complementary cuisine or specialty offerings, establish new locations, and perhaps benefit from the separate available commissary operation as needed.
To get more information about this Pizza Chain - Well Known, Loyal Following business for sale in Long Beach please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283805 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Pizza Chain - Well Known, Loyal Following, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01399346. The Veld Group.
Contact
Details
Asking Price: $998,000.00
Down: $998,000.00
Cash Flow: $271,611.00
Revenue: $2,839,637.00
Area: Long Beach
City: Long Beach
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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Down
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Posting: 278351 | Available | 4/22/24
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Revenue
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Down
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Cash flow
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Cash flow
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Revenue
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Down
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Cash flow
N/A
Revenue
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Down
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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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Revenue
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Bldg Size
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Space Being Rented
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Year Built
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Lease Amount
$19,105
Cash flow
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Revenue
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Down
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Asking Price
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Total Investment
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Min Liquid Cash
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Net Worth
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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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Asking Price
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Revenue
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Down
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Asking Price
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Cash flow
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Revenue
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Down
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Posting: 285746 | Available | 4/26/24
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Asking Price
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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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Cash flow
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Revenue
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Down
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Total Investment
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Min Liquid Cash
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Net Worth
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Franchise Fee
$0
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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$1,675,000
Cash flow
N/A
Revenue
N/A
Down
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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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Asking Price
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Total Investment
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Min Liquid Cash
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Net Worth
N/A
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More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
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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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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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