Look to the left...Want To See This Place...Select the Link "Sign NDA" and go visit on your own time!
HISTORY: Are you looking for a long established business where an SBA Loan is available? Where the business name carries HUGE goodwill with a product that is second to none? Where there is a history of profit backed-up by tax returns and the proper financial analysis to place a fair value on the business? If so, then take a closer look at this Family Italian Pizza Business.
This four and five star rated pizza business could be a great business to expand and add more location as the brand is very recognized throughout the Sacramento area.
FINANCIALS & SBA LOAN: Revenues in 2017 were 668,000 with Seller Discretionary Income of about $116,000. With 20% down and an SBA loan of $220,000 your payments would be about $2,500 a month, leaving a profit of about $7,200 a month. The owner will tell you how to make more money than that too!
The reason he's is selling is the business has taken it's toll on his body with bad knees. He doesn't work but a few hours here and there. So a full time working owner will get better results, making more money! He lost interest in growing the business long ago.
LEASE: There is about 4,000 Sq. Ft. (buyer needs to verify but there could be more) with a 10 year lease plus two 5 year options. The all-in rent is about $5,600 a month! This is a corner location in a high density and traffic location.
This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000