4468 Broad Street, San Luis Obispo, CA 93401

High Volume Profitable Mountain Mike's Franchise Pizza Restaurant for Sale in a Coastal city - CA

Well-established Pizza restaurant doing approximately $105,000 monthly average plus high arcade income, a money-making business.

RENT: $10,594 Per Month

10 Year first term, 30-year total.

Increases in accordance with the CPI Index of Riverside/LA (2.5-3%)

CAM/PROP Tax: $10,400 Per Year ($866/Month)

$2.34 Per Sq Ft Including NNN (Cheap for a Beach location)

Sq Ft: 4,900-/+

No Franchise Remodels for next 8+ years

Arcade Income: Roughly $59,000-/+ Per Year on top of Restaurant Sales Profit.

The seller will show all deposited checks from the Vendor upon the approved offer. Arcade Income Increases as Sales Increase. 3rd party owns and fully maintains machines, all systems are online, and Sales figures are transparent via the app,

in real time to eliminate theft or confusion.

Add Backs:

-2024 $6,600+ Cash Shortage (avoidable if present on a regular basis)

-Merchant fees of $20,000+ Per Year, as we just started charging a 2% CC Fee per CC/Debit Transaction with no Customer Pushback, as it is a common practice in the Pismo area.

$26,600, added to your bottom line.

The site is new, organized, and has a great trained staff in place, and there is room to grow as the economy gets back to normal after inflationary pressures ease.

• #2 Highest Dine Sales in the MMP system

-Top 5 Restaurant Excellence Winner in MMP System 2024

Seller will provide everything in Working Condition and a 30-day Warranty on Equipment, All Equipment Serviced, and Stocked Inventory.

Asking Sales Price: $750,000 for Business only