NYC Pizzeria For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $575000
Net Profit / Cash Flow $120000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1970
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training As needed.
Description 2,000 Sf. Pizzeria for sale, located on a city-owned property. Lease increases every two years and is rent controlled. Store pays no RE taxes or water bill. There is an outdoor cafe that does not require a permit, which costs thousands of dollars each year! The store hold 90 people inside and is immaculate both upstairs and in the large basement. There is a new AC unit and all the equipment is well maintained. A hands on operator could drop payroll by $1,500/week, as the owner is there less than 10 hours per week.
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