Property ID : WSD24.292
For Sale $299,500.00 - Pizza Shop, Restaurant
- A Hometown Favorite Independent Pizzeria located in Monroe County, NY in operation for over 25 years
- 2,800 total sq. ft. premise with indoor seating for 16
- It has a very loyal cliental and accounts due to its impeccable reputation for taste, service, and prices.
- It does a high volume of business during the lunch hours between 11 AM and 1 PM
There is a delicious menu of specialty pizzas, chicken wings, subs, calzones, sides, salads, desserts, soda, juice, teas, and much more.
- It has an excellent staff of Full and Part Time Employees assisting the owner in the successful operation of the business
- This Pizzeria currently operates 7 days a week in 72 Total Hours
- Net sales for the period July 1,2021 thru February 28,2022 (8 months) were $ 659,164 and are projected to be $ 988,746 for the current fiscal year ending on June 30,2022
ASSETS/FIXTURES/EQUIPMENT: Included in the asking price:
- Equipment, furniture, and Fixtures Fair Market valued at $ 30,000.
- Inventory (Beers, Foods, Dry Goods), valued at Seller’s costs of $ 5,000.
- Base Rent is $ 2,300 per month plus approximately $ 808 per month in Triple Net Charges
- Current Lease expires in June 2022, with an option to renew
INCOME AND SELLERS DISCRETIONARY EARNINGS (SDE) for Fiscal Year Ending on June 30
Sales: 2021 – $ 973,536 2020 – $ 923,725 2019 – $ 895,285 2018 – $ 909,492
SDE: 2021 – $ 160,573 2020 – $ 165,270 2019 – $ 146,438 2018 – $ 120,489
The Asking Price is $ 299,500
A complete turn-key Pizzeria opportunity that is perfect for an owner-operator with experience in the restaurant industry. Commencing with an Advertising Campaign will increase sales and profits