Property Details

Upscale Pizzeria & Bar - Monroe County

Property ID : WSD24.187

For Sale $297,000.00 - Pizza Shop, Restaurant

DESCRIPTION:

  • An established and very profitable Monroe County NY Upscale Pizzeria & Bar.
  • Owners spent $ 250,000 in January 2015 for the brand new build-out, purchase, and installation of all of the furniture, fixtures, and equipment.
  • The menu includes a wide variety of Italian Specialty dishes such as – Chicken, Veal, and Seafood Pasta dishes, Custom made Pizzas, Appetizers include Steamed Clams, Calamari, Mozzarella Sticks, Chicken Wings, Salads, Soups and more.
  • Serves a large variety of Wines and Beers
  • Modern 2,328 Square Foot Facility with seating for 100 in the dining room  and bar
  • Currently open: Tue. – Wed.4 PM – 9 PM,     Thur.  11 AM – 9 PM       Fri. – Sat. 11 AM – 10 PM
  • Currently has 11 Part Time Employees assisting the two Owner-Operators
  • Has plenty of Plaza Parking for its customers
  • The Owners have been offered a lucrative business opportunity in Florida, and are offering their Restaurant for sale to accept this opportunity.

ASSETS/BUILDING/FIXTURES/EQUIPMENT: (Included in the Asking Price)

  • Equipment, Furniture and Fixtures Installed with a Fair Market Value of $ 75,000.
  • Inventory of Food, Beverages, and Dry Goods of $ 10,000

 SALES:                  2016                         2015

Sales:                   $ 467,930                  $ 530,011

SDE                      $   90,399                  $ 188,770

LEASE:

             Base Rent through May 2017 is $ 3,200month. Base Rent for May 2017- May 2019 is
$ 3,395/month

Base Rent May 2019 – May 2020 is $ 3,589/month

There is approximately $ 290/month in additional Triple Net Charges

The Tenant is responsible for all the Utility costs within the premises.                    

PRICE/FINANCING:

Asking price is $297,000. The Seller is willing to finance 25% of the Purchase price to a qualified Buyer

 COMMENTS:

  • This is a great opportunity for an Owner-Operator to obtain a great Upscale Pizzeria and Bar with a highly visible location, loyal clientele, and great reputation for delicious food.
  • Operating this Restaurant on more days and hours can increase sales and profits
  • Additional opportunities can be realized by offering catering and delivery services

 

 

 

Agent Stephen DiPaolo

Stephen-DiPaolo
  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
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