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BUSINESS FOR SALE - PROFILE #  99975

Popular Surf-themed Pizza Parlor with Beer & Wine
Santa Cruz County
Asking Price: $175,000   Down Payment: $87,500  
Gross Revenue: $200,000   Adj. Cash Flow*: $200,000  
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Executive Summary

POPULAR, SURF-THEMED PIZZA RESTAURANT WITH BEER AND WINE     

If you already know the food, beer, wine, and pizza industry, or are simply tired of the corporate rat race and ready to chart your own destiny, then this successful pizza restaurant in Santa Cruz County may be what you are looking for. This restaurant, approximately 10 minutes from the Beach-Boardwalk, offers dine-in, take-out, and delivery.  

The surf is definitely up at this delightful, surfy, beachy-themed popular family pizzeria serving pizza, pasta, sandwiches, salads, breads, take-and-bake; all with a Type 41 beer and wine license included! (ABC is not issuing any new Type 41 licenses for the foreseeable future.)   Large kitchen with pizza oven and an over-sized fridge. Plenty of freezers and prep tables. New Point of Sale system. Several beers on tap, various video games and three flat panel TV’s make for lots of sports and sports club activities.  

Eighty-five percent of business is dine in, 15% is delivery. The owners have made this a popular spot with lots of local school involvement for after-game eats and partying. Lucrative contracts with local high schools are in-place and ready to generate additional $7400 per month in income.  Also, after school events and fund raising events generate even more income.  If both mom and pop work in this business, earnings could be 100K.     

If you want to step into a sweet, popular, fully functioning and profitable pizza restaurant in Scotts Valley, Santa Cruz County, call me today.  

Santa Cruz Pizza Company, Scotts Valley, CA

Price:  $175,000 SDE:  $76,530 (owner’s cash flow) Terms: seller financing possible to qualified buyer with 30-50% down. Size:  1854 sq. Ft. Rent: $4509 incl. NNN and CAM Lease:  two more years, plus two more renewals @ 2 years each; or new. Or negotiate your own new lease.

Acquisition Highlights

  • This is a great pizza restaurant about 15 minutes form the Santa Cruz Beach Boardwalk
  • M-W 4-10PM Th-S 11-10PM
  • Santa Cruz Pizza Company, Scotts Valley, CA Price: $175,000 SDE: $76,530 (owner’s cash flow) Terms: seller financing possible to qualified buyer with 30-50% down. Size: 1854 sq. Ft. Rent: $4509 incl. NNN and CAM Lease: two more years, plus two more renewals @ 2 years each; or new. Seats: 75; permitted up to 115 Working owners: 1 ft; 1very pt Employees: 4 pt Remodel and improvements: $35,000 Inventory included: $10,000 FF&E included: $75,930 Type 41 beer and wine license incl: $20,000 ,currently NO operation restrictions. Opportunities: expand existing school contracts, expand existing fund raising and after school events.
  • Eighty-five percent of business is dine in, 15% is delivery. The owners have made this a popular spot with lots of local school involvement for after-game eats and partying. Lucrative contracts with local high schools are in-place and ready to generate additional $7400 per month in income. Also, after school events and fund raising events generate even more income. If both mom and pop work in this business, earnings could be 100K.
  • Almost new equipment and facilities. a really nice environment.
  • Financing Information:  Seller financing possible with 30-50% down
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)
Established in: 2002 Inventory: $10,000 Included
Employees: 4 PT , 1 Mgrs Furniture, Fixtures & Equipment: $55,930 Included
Lease/Rent: $4,509 Real Estate:
Building Sq Ft: 1854
    Total Assets Included in Sale: $126,930
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:
Contact:  Rex Walters
Phone:  (831) 239-2080
Fax:  (831) 476-1456
E-mail:  rexwalters@comcast.net 		Bay Area Strategic Group
3243 Sylvaner Circle
Santa Cruz, CA 95062
www.santacruzbusinessbroker.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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