Established Local Favorite Pizza and Italian Restaurant
Located in the beautiful city of Thousand Oaks, also known as the heart of Conejo Valley, this well-established Pizza and Italian Restaurant been making great food for 25 years. And the Yelp reviews of 4+ stars certainly support this jewel!
This restaurant is nestled in middle of a high traffic shopping center with a renown Healthy Food Market, Major Drug Store, Cell Phone Store, other restaurants, and much more. This Pizza and Italian Restaurant is close to many schools, including a major University and many mid to high-end neighborhoods. Many sports teams practice in very close vicinity to the location, as well.
The restaurant offers:
There is currently minimal social media and online presence. Delivery has minimum hours allotted to it. Adding the ability to order online and increasing social media interactions could give customers the extra nudge needed to visit the location for the first time or increase their frequency of visits.
Current Rent is $4,417.27 plus CAM $843.81 For a Total $5315.07 Buyer would take over existing lease and add 2-5 year options (or your request could be proposed) Landlord is not open to negotiating this rent or future amounts. Lease has a 3% yearly increase.
With fixed costs already being paid, any increase in sales could yield a 50%+ profit margin.
If you’re looking for an opportunity to not only be part of a wonderful community, but to reap the benefit of bringing an established restaurant into the 21st century, this location is for you! Click the “Sign NDA” tab and see if this family friendly restaurant has the advantages you are looking for to take a great location and make it even better.
|2014 Total Population||20,664||98,772|
|2010 Number Of Households||8,374||36,760|
|2010 Persons Per Household||2.43||2.64|
|Median House Value||$760,600||$630,502|
|Income Per Household||$101,146||$99,195|
|2009 Number Of Businesses||1,442||4,625|
|2012 Number Of Employees||30,142||109,302|
|2012 Total Annual Payroll||$1,020,952,000||$3,118,818,000|
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