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Iconic Pizzeria and Italian Restaurant


NY Pizzeria established over 16 years ago, seats 25 people, dine in, counter service, delivery and take out. Serving Lunch and Dinner Fully equipped kitchen. Well established in a busy shopping center with a major grocery store in the center. Serving Pizza, Wings, Appetizers, Calzones, Hero/ Subs, pasta, desserts and full Italian menu. Family owned having to relocate. New 5 year lease with 5 year option. Open 6 days per week, new owner can open 7 days add app. $52,000 in income. Discretionary income at 20% profit is $120,000 annually. Owner retiring

Ad#:2200821



Listed By: Omar Kettani

Background information

Reference:

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Year established:

2006

Reason selling:

Retiring

Finance

Sales:

$600,000

EBITDA:

$120,000

Operations

Employees:

8

Equipment:

Included in asking price $50,000

Inventory:

Included in asking price

Premises

Facility:

All assets convey to new owner

Rent and lease terms:

$6,460 per Month

Location:

Windermere, FL

Opportunities

Growth:

Only open 6 days can add 7th day increase income, can also stay open later hours, new owner can also use their own delivery drivers increase weekly income substantially. Unlimited expansion with advertising. Can also open holidays as we are currently closed all major holidays. Many ways to increase income

Price and terms

Price:

$275,000

Financing:

possible partial seller financing

Training:

2 weeks free training