Top LA Pizza Restaurant, High Gross, Growth Plan, Low Rent

independent shop. great location on busy street in a desirable neighborhood. lease is 50% market value or lower for next 5 years (350-400k+ savings over 5 year term. lease has another 5 year option after 5 year term. 2600 sf. designed and equipped for growth. reinvested over 200k into upgrades and equipment for growth. high gross and consistent upward trend in sales (even in pandemic). high brand recognition and social media following. neighborhood staple. set up for catering growth and possible multiple unit expansion. business has unique story and fan favorite following. 1.3 million gross. type 41 abc license. motivated seller. motivated and serious buyers must execute nda and show proof of funds. Location: Los Angeles, California Year Established: 2017 Number of Employees: 12 Real Estate: Leased Building Sq. Ft.: 2,600 Rent: $7,500.00 Per Month Lease Expiration: 6/1/2027 Facilities: Facilities have seen many improvements during tenancy. a/c upgrades, equipment upgrades, electrical upgrades, exhaust upgrades. Over 150k in equipment and upgrades. ample street parking in front and in neighborhood. lease is 5 years and currently valued at approximately 50% of current market value with minimal increase over the next 5 yeas, no taxes/ triple net, and negotiable 5 or more years to follow. lease holder has rights to increase seating through some changes to facility, and right of first refusal on adjoining space. Market Outlook/ Competition: prime visible location on major thoroughfare. primary pizza spot in neighborhood, and considered one of the best in la in many publications. Growth & Expansion: space is large enough to supply multiple growth possibilities including satellite locations, catering, and food trucks.