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Pizzeria For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $416000
Net Profit / Cash Flow $122310
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1979
Number of Employees 6 - 9
Inventory $25,000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks training at no cost.
Reason for Sale Retirement.
Description Location, location, location it doesn't get much better than this! This solid money making pizzeria has been in business at the same location for over 30 years. The pizzeria is located in a high traffic huge stripe mall with several key anchors including a supermarket in a well populated area! Landlord has plans to make additional improvements to the center! This profitable pizzeria is a true turn key operation with lots of room for expansion. The well trained staff handles everything leaving the owner free to run the business. He never cooks! Location has beer and wine license.
Facilities / terms of lease:
Major location! Located in a high traffic huge stripe mall with several key anchors including a supermarket in a well populated area.! Landlord has plans to make additional improvements to the center! . Located near 3 hospitals and a major university there is huge growth potential:
40 seat dining area.
1,400 sq ft
Lease: 3600/mo - expires: 1/1/2014 with new lease
Market share:
This solid money making pizzeria has been in business at the same location for over 30 years.
They have established themselves as one of the largest pizza delivery services in the area. Location has beer and wine license not always present in competitors.
High traffic huge stripe mall with several key anchors keeps customers at a steady flow!
Growth potential:
True turn key operation with lots of room for expansion.
The location is not presently open on sunday's and should be. Located near several high income areas offering catering will lead to substantial profits. The full kitchen will easily accommodate catering. Additionally credit cards or debit are only accepted for large delivery orders. Therefore, the potential for larger sales is greatly possibly by including smaller orders.
Asking: $139,000
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