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Pizza Restaurant in West Covina – Dine In AD#F609

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West Covina, California

$550,000

Property Details

Beds0 Baths0 Garage0

Property Description

ANNUAL GROSS: $1,184,378 / 2018

MONTHLY RENT: $16,000+$1,500 NNN

LEASE TERMS: 9 YEARS

STORE SIZE: 6,000 SF.

SEATING CAPACITY: 275 INSIDE, 25 PATIO

EMPLOYEES: 15 PT.

WAGE: $14,323/MO.

REASON FOR SELLING: LONG COMMUTE FROM HOME.

 

NOTE: UPGRADED, MODERN PIZZA RESTAURANT WITH BEER

WINE LICENSE ALONG WITH 12 DRAFT TAPS.

BUSY DURING LUNCH WITH BUFFET AND BUSY DURING

DINNER WITH LOCALS AND GROUPS AND SPORTING EVENTS.

9% ROYALTY WITH ONLY 5K TRANSFER FEE.

PART TIME OWNER, ONLY WORKS 25-30 HRS/WEEK.

ROOM TO GROW THIS BUSINESS WITH MORE MARKETING

TOWARDS GROUPS AND ORGAZINATIONS FOR LOCAL

BUSINESSES GATHERINGS, SPORTS TEAMS AND GROUP EVENTS.

 

NET INCOME: $177,724 / 2018

ASKING PRICE: $550,000+INV.

Property Type Business

Property Status: For Sale

Property Features

Location

West Covina, California

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