Pizzeria in Mall

Contact Seller
Asking Price:
$225,000

Gross Revenue:
$500,000
Cash Flow:
$90,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$145,000
included in asking price

Share this business:

Business Description

Solid business opportunity for this profitable pizzeria restaurant in a highly active commercial mall in Rockland County, New York. Their menu is shaped by their diversity and the uniqueness of their customers and tastes. Also, 80% of the income represents pizza sales. Pizza is a popular favorite, and they take pride in serving it - using the freshest ingredients and best cheeses available. They love to serve food that makes their customers happy and would never sell what we wouldn’t eat or feed their family. Their goals and visions stem from three key ingredients: Quality, Flavor and Quantity! When dining at their Pizzeria and Restaurant, you will experience a warm friendly atmosphere and food that will make you feel good, satisfied and wanting more! This company has six full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $8,600. The business has an assignable commercial lease which expires 2025-01-01 plus additional options, with a monthly rent of $7,500, cost per square foot is estimated at $36.00 and rent security of approximately $10,000. This modern highly successful restaurant business operation is active Six day per week, Closed Monday with hours from 10:00 am to 9:00 pm. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply an excellent return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

About the Business

Location:
Rockland County, New York
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
2,500
Rent:
$7,500.00 Per Month
Facilities:
Wonderful mall location just off the NY Thruway and consisting of various retails businesses. This retail facility consists of 2,500 square feet with a modern and attractive appearance. The business is in a mid-size commercial mall with various other active and successful businesses. This opportunity is in Southern New York, Rockland County, which consists of various affluent and highly populated communities with continued demand for this service.
Market Outlook/
Competition:
Competitors presently exist in the industry and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth & Expansion:
The business presently has a limited marketing plan, poor web site, not delivery, no liquor license and if improved can further develop the business yearly gross sales.
Contact the Seller

About the Sale

Reason For Selling:
The sale is due to the owner’s retirement.
Training/Support:
The seller owner will remain post-closing to supply an appropriate transitional period to the new owner / operator.
Seller Financing:
Available to qualified buyers.

Listing Info

ID:
1612414
Ad Detail Views:
464

Contact the Seller
$
Please confirm you're not a robot
Contact the Seller
Business Listed by

Ron Cervelli

Regal Consulting Corp.

 Show Phone Number

View My 164 Active Listings

Similar Listings


Report an Issue 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.