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BUSINESSES FOR SALE

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Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Upscale Pizzeria Opportunity - University Distress Sale

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $315000
Net Profit / Cash Flow  $315000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2003
Number of Employees  10 - 19
Inventory  15000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Provided.
Reason for Sale  Owner in distress - personal emergency.
Description  BG's Pizzeria and Grill is a very viable business located smack opposite Binghampton University (New York) with great student traffic until late night, plus attractive catering opportunities at University events. Warm and cozy ambiance; multi-style seaing featuring both privacy tables and bar seating. Established 8 years ago, it has excellent name recogniztion and goodwill in the area. Featured on the University Campus Food website for easy ordering. Liquor license can be easily obtained in two months at this location. Rare opportunity to own this asset because of unforeseen owner distress. Needs to be sold within days. Business sells pizza, some italian dishes, chicken wings, sandwiches, wraps. Good potential to grow catering business from university, hotels, and nearby hospitals. Lease: 2.5 years sublease from current owner, and extensions thereafter directly with landlord for next 10 years or more. Valued at $140,000, being sold at $85,000. If You Have Any Questions, Email or Call 732-213-7364 and ask for Amal Desai 2 week training and handoff included, and if there are any questions after the takeover, help from owner will be a phone call away.
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