BEST LOCATION IN PHILLY!!BUSY PIZZA /REST IN BREWERYTOWN $115,000

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Best location in Philadelphia 20 year lease extremely low rent
Asking Price:
$115,000

Gross Revenue:
$500,000
Cash Flow:
$80,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

This location is awesome , beautiful store , doing great. 2 floors of space it huge . It has been in business for 4 years , but I am not selling the name . So this is for a person looking for a great business opportunity . Someone looking for a second location . Girard Ave is the biggest thing happening in this city . This already has a clientele that I’ve been building firm for 4 years . All you would have to do is bring your expertise. You would also get the phone number and guaranteed a 1000 people a week already coming to the door , surrounded by restaurants like SPOT GOURMET BURGERS, PIZZA DADS ,RY BREW , GREEN EGGS CAFE ( opening soon) , GOURMET INDIAN PLACE ( also opening soon ) , don’t miss out on this business opportunity.....

About the Business

Year Established:
2014
Number of Employees:
7
Home Based:
Yes
Real Estate:
Leased
Lease Amount/Mo.:
$1,550.00
Lease Expiration:
7/17/2034
Facilities:
The lease is absolutely great , there is 17 years left on a 20 year lease . the monthly rent is 1550 for 2 floors of space ,the upstairs can easily be used for seating which we don't use ,the lease alone is worth a lot.
Website:
Www.unclenickspizzaphilly.com
Market Outlook/
Competition:
"Brewerytown is booming" is the hashtag you see everywhere because the pizza shop is smack dab in the middle of what is historic Girard Ave .The Ave is the commercial corridor that starts at 29th and ends at 25th and Girard Ave. We also next door to Spot gourmet burgers restaurant, and a lot of other restaurant are coming in the next couple months ... The revitalization of this corridor has been talked about for quite a while, and it's now being put into action.
Growth & Expansion:
Growth is inevitable the area is one of the most "up and coming" neighborhoods to date. From this location there could be so much more done with catering and open delivery area, . Due to the promising neighborhood, the menu expansion possibilities are endless.
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About the Sale

Reason For Selling:
Going into the another business
Training/Support:
None

Listing Info

ID:
1364791
Ad Detail Views:
1662

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Business Listed by
Harry Saritsoglou

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U.S. Census Data for Delaware and Philadelphia Counties, PA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Delaware and Philadelphia Counties, PA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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