Owner Financing is Available!
Business Overview:
Absentee owned and operated in one of NYC’s heaviest walking traffic areas (Hell’s Kitchen, 9th Avenue) Extremely busy 7 days a week, when key opens door to closing at 12 AM constant flow of regular customers. 100 pies per day, 4 telephone lines, and deliveries made to surrounding areas. Customers are a good mixture of NYC, from theater go-ers to walk-by pedestrians. This spot would be successful for any ethnic food establishment. Chinese menu would be busy 24 hours per day. At present, place is TOP heavy with help, that can be cut down with on site owner/operator. In this busy area of paser-bys, residents and frequenters all food places along 9th Avenue in this area are extremely busy. All food service places are successful. Present owners have received top zagat marks for their pizza and menu also very favorably mentioned in NY Magazine and AM Magazine. New owner by replacing some of help and assuming management position $150,000 – net 1st year is very possible.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
700 square feet plus basement, two years old brand new equipment very good NYC lease. Multitude of walking traffic.
Market Competition and Expansion:
Competition - This is NYC never to much competition (Hell’s Kitchen area) open door people come in
Expansion - Owner operator would increase business 50%, reduce payroll and really bank in the dollars
Reason for Selling:
Absentee owners have other venture spreading thems
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: