Pizza Parlor, Korea Town Oakland,California

Oakland, CA (Alameda County)

Pizza Parlor, Korea Town Oakland,California
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Asking Price: $165,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $2,900 per Month

Established: 2002

Pizza Parlor, Korea Town Oakland,California

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Business Description

Established Italian Pizza parlor Oakland,California

The pizza parlor was established in 2002, is now ready for new owners. It is located in the busiest Korean town neighborhood on the most dynamic Telegraph Avenue of Oakland, California. The current concept serves Italian pizzas for lunch & dinner for take-out & deliveries. Owners are running this profitable business for over 20 years & have done very well. The owners would like to pass on this profitable operation to the right buyer—a golden opportunity for a hands-on owner-operator who is in search of a turnkey operation. No competition.Excellent online reviews! Broker Cooperation $ 5000.00

* Square Foot: 1800
* Rent: $2900 Month All Inclusive.
* Lease: Expires in 3/2022. Option to extend available. Landlord's approval required. The landlord may raise the rent.
* Seats: 49 *
* Licenses Required: Health permit, Seller's permit & ABC-Beer & Wine
* Hours: Monday-Sat-11am–2 pm & 5–10 pm & Sunday: 2–8PM
*Employees: 2 full-time, hands-on owners.
* Revenue: 2018- $369K *2019-$354K & 2020-$300k ( Tax returns availble after signing the confidentiality form ( NDA)

Detailed Information

Location:
Oakland, CA
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
3/31/2022
Employees:
2
Support & Training:
Seller will train
Reason for Selling:
Retirement
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Manjit Singh

Business Listed By:
Manjit Singh

Mission Peak Brokers, Inc.

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