Pizzeria

$199,000

Orange County

Asking Price: $ 199,000
Type of Business: Pizzeria
Location: Orange County
Hours of Operation: Mon- Thurs 9:30am-9:30pm Fri 9:30am-10pm Sat 10am-10pm Sun 10am- 9:30pm
Gross Sales: $ 40,000 average monthly sales
Adjusted Net Profit: $ 7,000 (includes $4,500 owner salary)
Total Rent: $ 10,176
NNN: $ inc.
Length of Lease: 4 year
Options: 5 years
Sq. Ft. 2,381
Occupancy: 40
Number of Employees:
Full time:        Part time:   12
Payroll: $ 11,500
Insurance: $ 125
Gas: $ 370
Electric: $ 720
Water: $ included in rent
Phone: $ included in TV and Internet
Trash: $ 140
Internet and TV: 350 includes phone and TV
Cost of goods: 25%
Business description.

This pizzeria is in one of the best shopping centers in Orange County. It is in a trendy area near affluent neighborhoods. The center has 24hr security and constant landscape maintenance. Business is surrounded by many national anchors. Very nice patio seating in front of the restaurant. Area was hit hard during the recession but has been able to bounce back, increasing in sales year after year. At its peak, sales were averaging close to $100,000 per month. Customer base is 50% business 50% residential. Many businesses nearby help them have a strong catering clientele. A lot of business with catering and corporate lunches. Night customers tend to be mostly residential with a lot of deliveries. Average 60% dine in, and 40% delivery. Good online presence with Google and social media with Facebook, Twitter, Instagram. Great branding with custom designed menus and doorhangers. Huge potential to increase sales with more marketing and the introduction of additional craft brews and partnerships with local brewers. Area is a hot spot for younger crowds.

Call for more details
(714) 366-5498