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Pizzeria In New York County For Sale

New York County, New York, US
Asking Price:
$449,000
Sales Revenue:
$1,716,000
Cash Flow:
$257,500

Midtown Pizzeria NY-31639

High-Volume Pizzeria for sale in Midtown. Major Price Reduction! $33K/Wk in Sales. Absentee ownership. This is a beautifully renovated 1,100 sq. ft. store with seating for 40. They have non-stop foot traffic and a simple menu. The business is mostly quick serve and delivery. 90% of sales come from slices and soda. A new owner can add this to the business if they are hands-on. In the past year, this business grossed approx. $1,716,000.00 ($33k/week in sales), with a net income of approx. $257,500.00. This business has 10 years remaining on the current lease at a rent of $35k/mth. The current owner is looking to sell, as he owns several other businesses and is divesting. This is a great deal that will not last. We are seeking a serious and financially qualified buyer with at least $369K to cover the down payment and at least $70k for rent security (The current owner has been here for 28 years and only has one month of rent security at $35K, but the landlord may ask for more from a new, unproven tenant). To learn more, please call or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Business Operation

Reasons for selling:

Divesting

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

299,000.00 Down & $150K over negotiable terms

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