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$63K Down SBA - Popular Pizzeria at Penn State University (PSU)

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State College, Pennsylvania (Centre Co.)   |  Food and Beverage Businesses for Sale – Restaurants for Sale   |  Businesses for Sale Between $150k and $250k

Asking Price:
$250,000

Gross Revenue:
$615,000
Cash Flow:
$180,900
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$100,000
included in asking price

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Business Description

Very well-known Pizzeria in the heart of Penn State University for Sale. Established many years, this pizzeria has an excellent location. Are you a Penn State Alumni or just love the Nittany Lions, well here is your chance to be in the midst of all the action of State College, PA.

Located close to Beaver Stadium this restaurant offers seating inside and are equipped with a full kitchen including; pizza ovens, hood system, mixers, walk-ins, etc…
Sales could easily be increased by extending hours and days open.

For more information including photos, equipment list, and more please contact Sunbelt Business Brokers of Orlando and Robert Borrelli today ~ (407) 960-7390

About the Business

Year Established:
2009
Number of Employees:
15
Real Estate:
Leased
Building Sq. Ft.:
1,405
Lease Rate/Sq. Ft./Mo.:
$2,615.00
Facilities:
Facility is 1,405 sq. feet and the monthly rent is $2,615.00
Seats 24.
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About the Sale

Reason For Selling:
Relocation out of state
Training/Support:
Seller will provide two weeks of training at no cost to buyer.
Seller Financing:
SBA Lender pre-qualified with $62,500 down

Listing Info

ID:
1223201
Ad Detail Views:
772

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Business Listed by

Robert Borrelli

Sunbelt Business Brokers of Orlando

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Source: Decennial Census (2010), United States Census Bureau.

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