High Volume Midtown Pizzeria - $30K per Wk - 2611

New York County, NY
New York County

Asking Price: Annual Revenue:
$350,000 $1,437,789

Food & Beverage: Restaurants, Fast Food, Deli

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RE: High Volume Midtown Pizzeria - $30K per Wk - 2611 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,437,789
Net Profit: Not Disclosed
Cash Flow: $175,152
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 18844447
Broker Reference #: 26116

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Business Overview:

High Volume Midtown Pizzeria. Absentee Ownership. This is a beautiful 1,800 square feet 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.

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Reason for Selling:

Other businesses.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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