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Pizzeria - Fordham Manor
Location: United States -> New York -> New York City Area -> Bronx
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

ASKING PRICE; $370,000

Great location on a very busy intersection in the Fordham Manor neighborhood of the Bronx. Near shopping centers, schools and 3 major MTA subway lines, this pizzeria is a gold mine. This business is part of a pizzeria chain that includes 3 other locations (2 Manhattan locations and 1 other in the Bronx). This pizzeria can be bought individually or as part of a package deal.

Year Established: 2012
Non-owner Payroll: $ 10,000/month
Employees: 3
Absentee Owner: Yes

Lease Expire: 2022
Option: 10 years
Monthly Rent: $ 4,000
Square Footage: 950
Facilities: Great size, 950 sq. ft. pizza shop with all modern equipment. Owner sublets some space which greatly reduced rent by $5,000.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $650,000
Cash Flow:   $172,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $15,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2012
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will provide as necessary.
Reason For Selling:  Other business opportunities.




Print Listing Id: 700228167
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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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