Superb Pizzeria In Busy Shopping Center
Location New York,United States
Asking Price Range < $250K
Gross Revenues $287558
Net Profit / Cash Flow $74611
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1985
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Superb Pizzeria in Busy Shopping Center. This is a 1200 sq. ft store with seating for 25. It has 8 yrs. remaining on the lease with a rent of only $2,600/mth. (incl/ taxes and CAM). Sales are 75% take-out and 75% pizza vs. meals. They currently average $6K/wk in gross sales with a total gross of $312,000.00 in 2011 and a net income of approx. $74,612.00 ($1,400/wk.). The shopping center is very busy with only one vacancy out of approx. 15 stores. There is a very busy Supermarket and Bank that anchor the center. The owner was semi-retired and bought the store for his son. His son does not want to be in the business anymore. There is a full-time pizza man. The owner is the cook. This is ideal for a first time buyer with some vision and energy. We are looking for someone with pizzeria experience. Call or email Mel Vaz today to learn more at 631-909-1095
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