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Very Profitable Pizzeria For Sale - Famous Building
Location: United States -> New York -> New York City Area -> New York City
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

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%


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,716,000
Cash Flow:   $404,000
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2000
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 week training at no cost.
Reason For Selling:  Retiring.




Print Listing Id: 700138891
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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