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High Volume Midtown Pizzeria - $30k / Week
Location: United States -> New York -> Manhattan
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

High Volume Midtown Pizzeria. Absentee Ownership. YOU HAVE 2 OPTIONS - BUY AS IS FOR $350k OR BUY WITHOUT KEEPING THE NAME OR PHONE NUMBER AND THE PRICE IS ONLY $125k. (YOU DO NOT HAVE TO KEEP IT A PIZZERIA. PUT IN ANY CONCEPT YOU LIKE). This is a beautiful 1,800 sq. ft. store in a very sought after location in the heart of Manhattan.

They specialize in lunch business, mainly pizza & soda. This is quick in and out business and delivery to local businesses. There is a simple menu that is easy to manage. There is seating for 50, although this business does not really serve large sit down meals.

A new owner can add this to the business if they would like. In the past year this business grossed approx. $1,560,000.00 with a net income of approx. $175,152.00. This business has 10 year lease with only 3% rent increases. The current owner is looking to sell as he owns several other businesses. This is a great deal that will not last. We are looking for serious and financially qualified buyers with experience in the industry and at least $350K to cover the downpayment and rent security deposit. If you meet the criteria call or email Mel Vaz today at 631-909-1095.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,437,789
Cash Flow:   $175,152
Cash Flow Type:  EBITDA
Inventory:  $10,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2001
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller will provide training
Reason For Selling:  Other business interests

Photos

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High Volume Midtown Pizzeria - $30k / Week Photo 1 High Volume Midtown Pizzeria - $30k / Week Photo 2




Print Listing Id: 700229633
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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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