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Businesses For Sale   >>   Absentee Businesses For Sale   

High Volume Midtown Pizzeria - $30k / Week

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1437789
Net Profit / Cash Flow  $175152
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2001
Number of Employees  6 - 9
Inventory  10000
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Training  Seller will provide training
Reason for Sale  Other business interests

Description  
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.


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