Active
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
Listed By: Omar Kettani
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