Prime intersection location with great visibility. Established 39 years under the same name (4 years with current owner), and surrounded by a mix of residential, commercial and retailers with lots of cars and foot traffic. The venue is 800 SF, rent is $4,032 /MO, payroll $12, 000, utilities $1,400, annual gross sales are $380,000 and the net income is $95,730 as per seller statement. (Buyer to verify income during due diligence and observation period). It has a capacity seating for 16 patrons inside and out. Fully equipped kitchen: 2 hoods, 2 ovens, fryer, grill, stove, one 4 head gas burner,, 3 refrigerators, freezer, 4 prep refrigerated stations, 2 stand-up soda refrigerators, 80 Lb. dough mixer, 2 meat slicers, and 2 A/Cs. Serves pizza, pasta, burgers and sandwiches. Dine-in, take-out and delivery this pizzeria opens 6 days Monday - Saturday 10:30 am – 9:30 p.m. It is run by 2 full time, and one part time employee. This 100% help run business does not engage in active marketing efforts, which translates to significant upside potential for a full time owner /operator, or as a family run business. All equipment, furniture, fixtures and name are included in the sale. Buyer can benefit from the good location, reputation, high rating on media reviews, and somewhat built-in clientele base to grow this establishment to its full potential. This turn-key business in desirable Studio City will not last long on the market. Seller has a different interest.
Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals.
Ad#:2413168
