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Businesses For Sale   >>   Absentee Businesses For Sale   

High Volume Take Out Pizzeria - Lower East Side

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1560000
Net Profit / Cash Flow  $250000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  10 - 19
Inventory  2500
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  Seller willing to train
Reason for Sale  Personal

Description  
High Volume Take-Out Pizzeria for sale. Absentee Ownership. This is a beautiful store in a very busy Lower East Side location. They have a busy lunch and dinner business, mainly pizza & soda. There is a simple menu that is easy to manage. There is seating for over 15 people, although business is mostly quick, in and out and delivery to local businesses. 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. $150,000. This business has a 9 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 $460K to cover the down payment and rent security deposit of $60K.


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