Asking Price: $330,000 Gross Revenue: $1,209,459Cash Flow: $257,679 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,000 not included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Serving traditional handmade pizza using only the finest and freshest ingredients and offering of specialty and gourmet options served by the slice, chicken 10 ways, this Midtown East pizzeria takes pride in serving it's community. Operating out of a landmark building on the Avenue and surrounded by a heavily dense residential and commercial area. Bus stop in front of location. From open to close traffic is nonstop! Deliveries comprise 65% of the annual gross sales!!! A strong online and social media presence for consumers to make orders at their convenience. Catering offered and can be pushed to the next level. Detailed monthly financials are available upon request.
ALL SALES ARE VERIFIABLE!!! Semi absentee owned and operated.
Seller accepting 50% down payment for qualified buyer.
Online Ordering Available & Social Media Presence.
15 year lease with options. 12 1/2 years remaining. Landlord pays taxes.
About the Business
New York, New York
Building Sq. Ft.:
$8,196.00 Per Month
Premises has been a pizzeria for over 3 decades. The business was established 2013.
Price Reduced / Midtown East Pizzeria / Great Lease
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 & Conditions.