Description
SOLD ‘Q3 2020
Established Pizza /Italian Restaurant Local Staple
Los Angeles, CA (Los Angeles County)
Asking Price: $77,000
Cash Flow: N/A
Gross Revenue: N/A
EBITDA: N/A
FF&E: $50,000
Inventory: $2,500
Established: 1988
Business Description
In presentation of a successful Pizza restaurant in a very high traffic area of Los Angeles (SFV), prime location for delivery, carry-out and walk-in customers.
The Owners came into acquiring the Company as a partnership in 2019, however due to unforeseen circumstances one of the partners is looking to divest their share forcing a sale; strong opportunity for a new Owner.
Business was established in 1988 taken over in 2019, but again unforeseen circumstances forces sale. Owners’ loss, great location, solid reputation within local community, tons of foot-traffic and strip-mall with a lot of long-standing established businesses.
NDA {SUBMIT VIA THE LINK BELOW} is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Employees: 3
Facilities: CIM covers this. Plenty of room to expand.
Competition: Staple within community for an authentic home-made Italian food and pizza experience.
Growth & Expansion: Great recurring model, competitive pricing, great single-location within this community that can be expanded into other pockets of Los Angeles.
Support & Training: As needed.
Reason for Selling: The Owners came into acquiring the Company as a partnership in 2019, however due to unforeseen circumstances one of the partners is looking to divest their share forcing a sale; strong opportunity for a new Owner.
________________________________________
Detailed Information
Location:
Los Angeles, CA
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
CIM covers this; plenty of room to expand.
Competition:
Strong branding strong reputation within industry helps separate them from other service providers.
Expansion:
Great recurring model, competitive pricing, great single-location within this community that can be expanded into other pockets of Los Angeles.
Support & Training:
As needed.
Reason for Selling:
Other partnership opportunities with existing partners.