Property ID : LB22.239
For Sale $275,000.00 - Pizza Shop
• Very popular, high-volume Local Pizzeria Franchise, located in a very busy plaza in a suburb east of Rochester, NY.
• Established in 2009.
• Serves authentic style pizza, wings, subs, salads and more.
• Catering sales have averaged $50,000 for the past 3 years.
• 2,400 square foot facility, with seating for 72.
• Franchise Royalties are only $844/month.
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
• FF&E, valued at a cost of $ 70,000, is included in the asking price.
• Inventory, valued at a cost of $ 5,000, is included in the asking price.
• Equipment is in good condition and well maintained.
• Gross rent is $ 8,206/month and includes CAM/Taxes, Utilities, Water, Garbage and Grease Trap maintenance.
• Current lease is month-month. A new, favorable lease can be negotiated.
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
2018 2017 2016
SALES 953,033 901,205 856,269
SDE 106,292 123,592 104,588
• Asking price is $ 275,000.
• Great opportunity to join a highly successful and growing local pizzeria franchise.