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Listing #5215

Cash Cow - Old School Italian - SBA Loan - Perfect Commissary

Price: $250,000
Down Pmt: $50,000
Cash Cow - Old School Italian - SBA Loan - Perfect Commissary

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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
   
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General Information
Listing Status: In Escrow
Price: $250,000
Down Payment: $50,000
Location: Sacramento Restaurant For Sale
Last Year's Annual Gross: $631,888
Last Year's Owner's Cash Flow: $116,000
Lease Information: Expires Jan. 31, 2028 + Two 5 Year Options
Monthly Rent: $5,600
Liquor License: 41
Indoor Seating: 81
Number of Parking Spots: Street
# of Part-Time Employees: 10
# of Full-Time Employees: 3
# of Working Owners: 1
Hours Open: Sun-Thurs 11am - 10pm Fri - Sat 11am - Mid-Night
Year Established: 1953
Inside Sq. Ft.: 4760
Hood System Type 1: Yes
Hood System Type 2: Yes
Highlights
  • Great Corner Location

  • Beer & Wine

  • Family Pizza Joint

  • Long History of Success

  • Historic Business

  • Owner Works Part-Time

  • SBA Loan Available 20% Down

  • Prime Location



Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.



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