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Business Sales & Acquisitions

Pizzeria Restaurant

Price: $900,000

Location: New York, New York

Industry: Food and Restaurants

Listing ID: 00106

Long standing Business includes an excellent and loyal Chef of 25 years as well as a top Pizza maker of 15 years! Great opportunity in this super large (2600 sq. ft.) pizzeria and restaurant with entrees and Italian desserts ! This strategic location between the Manhattan Government Center, as well as the World Trade Center & Memorial (#1 tourist attraction in the United States), creates tremendous foot traffic. This upcoming residential neighborhood restaurant is steps away from colleges and schools (grades 1-12).

Unfortunately our owner has to return to Italy for family matters and needs to let go of this consistent money making business. Call John McGuffin for any and all assistance. This restaurant, established in 2000, which has $100,000 worth of equipment is ready to go for you.

Listing Details

Down Payment: $750,000

Gross Revenue: $1,500,000

Cash Flow: $375,000

FFE: $125,000 (Included in Price)

Reason For Sale:

Owner is moving overseas.

Training & Support:

Will provide as necessary

Operation

Year Established: 1987

Year of Last Acquisition: 2000

Days & Hours of Operation: 7 Days 10:30 AM - 11PM

Non-Owner Payroll: $4,500

Employees: 11 including owner

Location

Monthly Rent: $ 23,000

Facilities Information:

Lease Deposit: Case by case

Rent: $23,000 includes taxes!

Square Footage: Appx. 2600, 76 chairs with tables and counter