Pizza Restaurant in West Covina – Dine In AD#F609

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.