Established, Profitable Pizza and Pasta RestaurantListing: #SV00057
About this Business for sale in Greater San Francisco Bay AreaEstablished, Profitable Pizza and Pasta Restaurant
Established in 1976, this well-known neighborhood Pizzeria is located in one of the busiest outdoor shopping centers in the East Bay, with major anchor tenants and is located in a community with many schools, families and new housing developments. Sales were $614,000 last year, with little or no marketing. The restaurant has been voted Best local restaurant to for pizza. They are well-known for their handmade dough, special ingredients and high-quality meat and cheese. The recipes can be easily replicated and existing employees are familiar with the operation. The owner will spend 30 days transitioning to new owner. The restaurant also has a beer and wine license. This is a turn-key restaurant, and a perfect opportunity to own a pizzeria that is already established with great reviews, well trained employees and a good following!
The leased building is 3,400 square feet with 5 years remaining plus another 5-year option. Along with the dining, it also has an Arcade room, plus an additional Banquet room. The Banquet room, which seats 50, is perfect for soccer team parties, birthday parties or other events. Business has potential for sales increase with owner operator, aggressive marketing efforts and catering and delivery services
Long term lease in place with 5 year + option to renew. Well trained employees are included with the business – 13 employees, plus owner.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.