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Pizzeria-seller Financing Only 20% Down For Sale

Philadelphia County, Pennsylvania, US
Asking Price:
$390,000 Furniture / Fixtures included
Sales Revenue:
$993,947
Cash Flow:
$169,551

SELLER FINANCING WITH ONLY 20% DOWN NEEDED ($78,000). NEW OWNER WILL MAKE $133,779 AFTER PAYING DEBT SERVICE. BUYER WILL MAKE THEIR $78,000 BACK IN 7 MONTHS!

This Pizzeria is growing each year in sales and close to getting to $1M...This is an elite neighborhood pizza shop in a great location focused on providing great customer service and premium quality food (pizzas, pasta, wings and cheesesteaks). A place where employees are appreciated and respected. This is a simple operation that is fully staffed with a simple menu only doing takeout and deliveries!

1. The Team: highly skilled, experienced and talented with every full-time employee able to work multiple positions if needed. Amazing part-time workers that are hard workers, reliable, and happy to help others.

2. Owner oversees operations doing the backend of the business. Has Manager in place to run the store.

3. Only open 5 days a week! Closed on Mondays and Tuesdays. 11am-8pm Wednesday to Saturday.

4. Owner Financing 80% of sale price

5. Seller is looking to sell building as well for $235,000

6. 95% pickup or delivery!

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other business interests…started a machine business 2 years ago and helping wife start an apparel company.

Trading hours:

Wed-Sat 11am-8pm; Sun 11am-7pm

Employees:
5 FT/17 PT
Years established:
6

Other Information

Support & training:

Will train for 3 weeks @ $0 cost.

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

$78K down/$312K over 180 mos. @ 8%.

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$15,000
Relocatable:
This business can be relocated.