|
|
| Please click here for NDA | Business Description | Pizza restaurant (formerly Shakeys) with beer and wine | | SIC Code | | Organizational Form | Sole proprietorship | | General Location | Palmdale | | Selling Price | $29,000 | Down Payment | $29,000 | | Annual Revenues | $240,000 | Discretionary Earnings | Call/email | Seasonal? Can Relocate? Home Based? Absentee Owner? Franchise?
| Days and Hours
of Operation | 11-9 7days | Year Established | 1972 | | Years Owned | 10 | | Full-Time Employees | 1 | Part Time 6 | Managers | | Other Payroll Information | | | Hours Owner Works | 40 | | Owner's Duties | | | Skills Required | | | Training & Cost | 2 weeks 20 hrs | | Non Compete | |
Executive Summary:This turn key Pizza restaurant (formerly Shakeys) with beer and wine is ideally located inside of a shopping center on one of the most heavily trafficked streets in palmdale. The shopping center is surrounded by many businesses as well as a large residential area, which brings plenty of traffic to this 3050 sq.ft. restaurant. Leasehold improvements including furniture, fixtures, and equipment, valued at approximately 150,000, are INCLUDED in the sale price.To establish a new restaurant of this kind with Lincoln double deck oven, walkin refrigerator, freezers, making table, 2 fryers, prep table, heating cabinet, steam table, salad bar, and much more, would cost well over 200,000.The new owner can establish a franchise or bring their own concept to this turn-key, fully-equipped restaurant with beer and wine.Motivated seller has prompted this business to be offered at much LESS than its asset value.The current owner has done very little marketing so the community is unaware of this jewel of a business. Confidential business information provided to qualified buyers only.The seller is highly motivated and will consider ANY reasonable offer. This is an asset sale. Restaurant can also be purchase with the realestate with 1 acre land at 650,000. With 30,000 down and owner finanace oac.
|
Lease / Building Information | | Monthly Lease/Rent | 3100 + NNN | Deposit | 5000 | | Expires | 2015 | Building Type | | | Terms & Options | one five year | | Square Footage / Dim. | 3050 | Seating | 110 | | Other | no rent increase for 5 years |
Assets (Y=Included / N=Not Included / A=Available) | | Accounts Receivable | |
| Licenses | |
| | Inventory | |
| Type of License | |
| | L/H Improvements | Y | $75,000
| Other Assets | |
| | Furniture / Equipment | Y | $75,000
| | | | | Real Estate | |
| Total Assets | Y | $150,000
|
Information contained herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. |
| |
|