Award Winning Pizzeria for Sale!

Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$800,000

Inventory$5,000
Included in asking price
FF&E$50,000
Included in asking price
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Award Winning Pizzeria for Sale!


Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$800,000

Inventory$5,000
Included in asking price
FF&E$50,000
Included in asking price
Business Description
An award winning pizzeria ready for a new owner/operator. Easily expand with the team in place! The city of Poughkeepsie has over 800 market rate rentals coming online in the near future. With the business improvement district set in place, things are finally headed in the right direction. Untapped catering opportunities and a foothold already at the Culinary Institute of America as well as Marist. Current owner is looking to separate from existing partnership. This is a great opportunity to purchase a well established favorite in the growing city of Poughkeepsie.
About the Business
Years in Operation
7
Employees
9 (2 Full-time, 7 Part-time)
Facilities & Assets
Building has a full service dining room and kitchen all of which was gutted and built out in 2020. Basement works as storage and prep. There is off street parking via municipal lot, employee parking in the rear and a few on street parking spaces as well. One of the partners owns the building so negotiating a favorable lease for new owner is definitely something we can do.
Market Outlook / Competition
There is no one in the immediate market making the style of pizza we specialize in. However there are several pizzerias in the area, and we have always competed with your average slice shop.
Opportunities for Growth
The restaurant is ready for expansion. SOP and recipes are documented and a new owner would find it fairly easy to open a second restaurant in the Hudson Valley or elsewhere. There is also an untapped catering opportunity as that is not something we have pushed heavily.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,400
Rent
$2,250.00 per month
About the Sale
Seller Motivation
Partnership disagreements
Transition Support
I can offer up to 6 months of onsite support and training for new owner. The team in place is self sustaining and a great crew.
Listing Info
ID
2497777
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Business Listed by: Charlie Webb

Listing ID: 2497777 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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