Growing Profitable Pizzeria
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $420000
Net Profit / Cash Flow $165400
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks training at no cost.
Reason for Sale Returning to his country.
Description Small pizza and soda shop in lower Manhattan. Easy operation for a first time, experienced pizza man. The rent, at $2,575/month, includes taxes and water bill. Current owner has doubled sales in the time he has been there. There are six schools nearby and he has retained many of the school kids as regulars during the summer. He guarantees sales to be at least $8,000/week. Landlord is easy to work with. Walk in and start making a nice profit from day 1!
Facilities / terms of lease:
major location! Highly traveled lower Manhattan main street with heavy foot traffic as well. Surrounded by numerous major establishments with plenty of parking.
Clean, 700 square feet. Lease: $2,575/month - includes taxes & water bill. / expires: 7/31/2016
Market share:
current owner has doubled sales in the time he has been there. There are six schools nearby and he has retained many of the school kids as regulars during the summer. He guarantees sales to be at least $8,000/week.
Growth potential:
limitless and outstanding opportunities for growth! This opportunity has tremendous upside!
Fantastic opportunity for growth! The business in only 5 years old and has much room for expansion. Can easily increase gross sales!
An experienced owner, a web presence with online ordering as well as additional advertising and marketing with incentives can take this to the next level.
Asking: $290,000.
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