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

High Volume Pizzeria In Mall

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $360000
Net Profit / Cash Flow  $60000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1990
Number of Employees  6 - 9
Inventory  30000 Equipment & 3000 Inventory
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  The seller will remain post closing to train new owner.
Reason for Sale  The current owner is relocating out of the general area.
Description  Reputable and lucrative pizzeria and Italian restaurant in a densely populated, urban area of Staten Island. The facility is located in a strip mall among several other businesses on a busy thoroughfare attracting a large volume of daily traffic. The restaurant has a seating capacity for 30 patrons and is fully equip with a large commercial kitchen. The business has been operating for 12 years and has established a great reputation in the area for excellent food, service, takeout, delivery and catering. In 2011, this business generated an annual gross income of $360,000 and the owner can verify a consistent net income of $60,000. This is an excellent opportunity that must be seen to be fully appreciated. The business is located in a commercial strip mall with many daily workers and residents in need of this service. The facility consists of a total of 900 square feet with a full commercial kitchen, and seating for 30 customers.
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