Pizza Parlor, Well Established & Profitable, Up-Town Neighborhood

Oakland, CA
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Asking Price:$229,900
Gross Revenue:$518,000
Established Year:2001
Cash Flow:$84,000
Inventory:$10,000
BUSINESS DESCRIPTION

Pizza Joint in Uptown Neighborhood in Oakland, California

Have you ever fantasized about running a flourishing pizza business in the vibrant city of Oakland, California? Your dream could come true with this incredible chance to acquire a well-established pizza parlor. Nestled in the bustling neighborhood on Telegraph Avenue, this hot spot has tantalized customers with mouthwatering Italian pizza for lunch and dinner for over two decades. Its long-standing reputation and loyal customer base provide a solid foundation for your entrepreneurial journey.
The strategic location of this pizzeria, coupled with its dedicated customer base, has transformed it into a profitable venture ripe for new leadership. This is your moment to step in and seamlessly continue the success of this beloved establishment. With a well-trained staff and a proven operational model, the transition will be smooth, allowing you to focus on infusing your unique flair into the menu and operations. Seize the opportunity to take over a thriving business and become the proud owner of this cherished pizzeria. Contact the listing broker today to discover more about this thrilling business opportunity. PRINCIPALS ONLY | NDA REQUIRED.
* Building Square Ft: 1800 | Street Parking.
* Lease: Expires 7/31/2026 | Option is available, with landlord's approval.
* Rent: $5400 per month.
* Seats: 30 . Add more if needed.
* License & Permits: ABC, Beer & Wine, Health permit, Business License.
* Employees: 2 Ft-1pt.
* Hours: Sunday-Thursday 11 am-10 pm | Friday-Saturday 11 am-11 pm
* Revenue- 2023- Net $84,000 (Gross: $518k) Call the listing broker for more information

All information contained in this offering memorandum resulted from representations by the Seller. Manjit Singh Broker cannot and will not verify the accuracy or completeness of any report. Sellers and Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.


DETAILED INFORMATION
Location
Oakland, CA
Inventory
Not Included in asking price
Employees
2
Facilities
Freezers, refrigerators, and various furniture and fixtures are included in the sale, adding to the overall value of this opportunity.
Growth & Expansion
The restaurant has numerous growth opportunities available in the community, with a thriving local economy, a growing population, and new commercial high-rise building construction in the vicinity.
Support & Training
The seller will train for two weeks.
Reason for Selling
Family Matters.
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Manjit
Singh
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Manjit Singh