PIZZERIA RESTAURANT for Sale in a major shopping and entertainment center in the city of Thousand Oaks. Serving authentic New York Style Pizza in a Pizzeria setting. This pizza shop is surrounded by homes and apartments, professional offices and retail stores bringing foot traffic.
The City of Thousand Oaks has approved the building of a 216 room hotel by Marriott, to be built onsite that will greatly increase the traffic in the center. Construction is slated to begin this summer.
Then there is an approved for construction, a 300 unit apartment building along the south side of the Mall complex that again will add to the number of people residing in the immediate area.
The Pizzeria is located in the center court area right next to a Movie Theater, a newly opened escape room, a major gym, doors away from a trampoline jump facility and other recreational establishments. The Court area is set up with tables and chairs for dinning from the various other establishments in the center. There is a large parking structure located right behind the location providing massive amounts of parking for patrons.
NOW about the Restaurant:
It is well equipped with 2 - double stack pizza ovens each with their own hood, pizza topping refrigerator, dough mixer and much more. Since taking over the business the owner has made many improvements to the business adding to the visual appeal for the guests and functionality of the business.
So you are getting a restaurant that has a good foundation business in place and as the hotel and apartments come on line is ready for the increase of customers.
Buyer is getting an up and running Pizzeria for a fraction of the price as it would be to build from scratch as well as a customer base that has been established. Cut out all the months of dealing with architects, city planners, health department and waiting for the contractor to complete the construction all costing big bucks and Lots of TIME you can walk in and day one you are in business.
This would be a good opportunity for a family that is looking to build a business together and be able to reduce additional labor from being needed.
Currently sales are in the break even area. The costs have been managed to eliminate previous high food costs, high labor costs and maximizing sales potential. As we have seen MANY chain pizza establishments in California have elected to contract with 3rd party delivery companies to reduce the need to staffing additional employees for delivery they have followed in these footsteps as well reducing liability and increasing awareness on these vendors websites as well.
The owner is selling mainly because of health issues he has had over the past year or so and finds the daily operation to be a bit taxing on his health and ability to run the business.
Owner could add Beer and Wine to the location to increase sales and appeal to those customers looking to have a drink with their menu. Because of the Mall setup public restrooms are available that would meet the requirements of the ABC.
So if you have been looking for a Pizza Business in a great town in a prominent shopping center you may want to come by and see if this is not the right place for you.
Buyer will need to get pre-approved upon making an offer as the location will need a person with Good Finances, Good Credit Score and prior experience in food service as the landlord will be wanting to know the new operator will continue to build a successful business.
So if you qualify and want to get more information then please go to the Contact Agent tab and complete the online confidential agreement and let’s see if this is to be your place.
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 41,107 | 98,772 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 14,823 | 36,760 |
| 2010 Persons Per Household | 2.76 | 2.64 |
| Median House Value | $556,000 | $630,502 |
| Income Per Household | $93,042 | $99,195 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,386 | 4,625 |
| 2012 Number Of Employees | 37,462 | 109,302 |
| 2012 Total Annual Payroll | $756,677,000 | $3,118,818,000 |
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