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Very Profitable Pizzeria For Sale - Famous Building
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $1716000
Net Profit / Cash Flow $404000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2000
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 week training at no cost.
Reason for Sale Retiring.
Description Midtown pizza shop for sale serving up , pizza , pasta, sushi, salads, and more.. 33k weekly and potential is limitless. 10 year lease, the assets of the business and the goodwill, this ground floor operation has the great stature of being next to franchises all around him in this 'Penn station like' property.
FACILITIES:
Located inside One of the Most Legendary Buildings in New York City on an Extremely Busy Main Avenue. Extremely Busy with Businesses in Building as well as of Tons of foot traffic and businesses in the areas. Clean 2,500 square in Office Building. Granite counter tops line this 50 ft pizza line with 80 seats for dining,
Lease: $11,000/month - expires 1/1/2020
MARKET SHARE or COMPETITION:
An Excellent Reputation that Can't be Beat! Very Well Established with Numerous Regulars, they are the talk of the town. Limited Competition due to the uniqueness of the concept. Even in today's Economic times, the business has shown a STEADY STREAM OF CUSTOMERS !
GROWTH POTENTIAL:
Limitless and Outstanding opportunities for growth! Currently limited take out which needs to be promoted, Also, new owner with enthusiasm and promotion minded person should double existing volume. A Website as well as Additional Advertising And Marketing With Incentives Can Take This Store To The Next Level.
Asking: $999,000 with Financing: $149,000 for 36 months at 5%
Click Here To Contact Seller
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