High Volume and Profitable Mountain Mike's Pizza Business for Sale

Asking Price$1,100,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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High Volume and Profitable Mountain Mike's Pizza Business for Sale


Asking Price$1,100,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
High Volume Profitable Mountain Mike's Franchise pizza Restaurant for Sale in Central Coastal City - CA

Well established Pizza restaurant doing approximately $125,000 monthly average plus high arcade income, money making business.


RENT: $10,594 Per Month
10 Year first term, 30 year Total.
Increases in accordance to CPI Index of Riverside/LA (2.5-3%)
CAM/PROP Tax: $10,400 Per Year ($866/Month)
$2.34 Per Sq Ft Including NNN (Cheap for a Beach location)

Sq Ft: 4,900-/+
No Franchise Remodels for next 8+ years

Arcade Income: Roughly $59,000-/+ Per Year on top of Restaurant Sales Profit.

Seller will show all deposited checks from Vendor upon Approved Offer. Arcade Income Increases as Sales Increase. 3rd party owns and fully maintains machines, all systems are online, and Sales figures are transparent via App,
in real time to eliminate theft or confusion.


Add Backs:

-2024 $6,600+ Cash Shortage (avoidable if present on regular basis)
-Merchant fees of $20,000+ Per Year, as we just started charging a 2% CC Fee per CC/Debit Transaction with no Customer Pushback, as it is a common practice in the Pismo area.

??????$26,600, added to your bottom line.

The site is new, organized, and has a great trained staff in place, and there is room to grow as the economy gets back to normal after inflationary pressures ease.
#2 Highest Dine Sales in MMP system
??? -Top 5 Restaurant Excellence Winner in MMP System 2024

Seller will provide everything in Working Condition and 30-day Warranty on Equipment, All Equipment Serviced, and Stocked Inventory.

Asking Sales Price: $1.1 M for Business
About the Business
Years in Operation
3
Facilities & Assets
Business Assets and Beer Wine License
Market Outlook / Competition
Seller has the first right of refusal within 120 miles
About the Sale
Seller Motivation
Personal
Financing Options
SBA Loan Qualified
Listing Info
ID
2393378
Listing Views
268

Contact Seller

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Business Listed by: Taj Randhawa Re/Max Gold.

Listing ID: 2393378 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.