Profitable pizza restaurant with .62 acre property

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Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 327-2700
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
EG10013 - Pizza

Location:
Other States - Other States

Profitable pizza restaurant with .62 acre property

Business Description:

Ike's Lakeside Pizza has been a fixture on the McKenzie River for over 50 years and commands a prime location on iconic Highway 126 aka The Trout Highway. The broasted chicken is excellent as it combines the taste of fried and breaded meat without the greasiness or mess. Since the restaurant is the only place to eat within 20 miles or so, it has a regular, consistent clientele of fisherman, travelers, truckers, recreational participants and anyone who loves good chicken. All FF&E, recipes, staff and cash flow for $195,000 PLUS building, fresh water well and land for $530,000.


Asking Price: $195,000


Inventory (included):
$20,000

Real Property Available:
Yes

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Recast Earnings (Not Verified by Business Team)

9 Months Ended

9/30/2019

$237,557
(Sales)

$93,973
(Adjusted Cash Flow)

12 Months Ended

12/31/2018

$274,600
(Sales)

$100,227
(Adjusted Cash Flow)

12 Months Ended

12/31/2017

$317,052
(Sales)

$111,971
(Adjusted Cash Flow)

12 Months Ended

12/31/2016

$270,575
(Sales)

$100,352
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 0 6
Owners 1 0

Hours of Operation
11:30AM - 8:00PM Sun through Thursday; 11:30 - 9:00PM Friday and Saturday

Licenses Required:

  • Health department

Lease

Monthly Rent Including NNN:
$0

Expires:

Option:
No

Size(sq.ft.):
2,888

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Retirement

Training:
8 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 327-2700
Seattle: 425-957-6180
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.