Pizzeria with 41 License

Asking Price: $ 245,000
Type of Business: Pizza Restaurant with 41 License
Location: Orange County
Hours of Operation: Sunday-Thursday 11 am to 9 pm. Friday- Saturday
close 10 pm
Gross Sales: $ 780,097 (for 2018)
Adjusted Net Profit: $ approximately $120,000
Total Rent: $ average around $11,217.24
NNN: $ 7,260/ 6% of gross sales, + NNN
Length of Lease: 3 years
Options: To be negotiated with new buyer
Sq. Ft. 2,954
Occupancy: 90
Number of Employees: 9
Full time:  3        Part time:  6
Payroll: $ 12-14,000
Insurance: $ 2,400 / yr
Gas: $ 250-300              
Electric: $ 1000
Water: $ included in rent
Phone: $ 200 with TV and Internet
Trash: $ included in rent
Internet and TV: 100
Cost of goods: N/A
Business description.

Located in a busy shopping center with several national anchors. Many nighttime and weekend customers. They do very good with take-out and delivery, currently it is more than half of their sales, at approximately 60% Huge dine in area that is great for team celebrations or meetings. Baseball and soccer fields are less than a half mile away. Owner is semi-absentee with great staff in place to help him run the business when he is away. Sales have maintained strong for many years with very little fluctuation. Business catering has always been an opportunity for seller that he thought of doing but just never got around to it. There are 1,000s of businesses south of Orange Thorpe that he has not advertised too. This can help with providing a bigger lunch crowd and more deliveries for office parties.