Property ID : SPL25.412
For Sale $275,000.00 - Pizza Shop
DESCRIPTION:
- A well-known Western Monroe County NY area local Franchise for sale
- It has been successfully operating since 2012
- It has a very loyal local clientele
- This Brand is known for its Quality, Price and Service
- The current hours of operation are 45 hours over 7 days a week
- There is plenty of well lite public parking available for easy access
- There is six months of training from appointed management available for a smooth transaction
- The royalty expenses come out to only a Pizza a day
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Furniture, fixtures and equipment at a fair market value of $ 65,000
- Inventory included is $ 5,000
LEASE ARRANGEMENTS:
- The current gross rent is $1,612 a month. A long-term lease can be negotiated.
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
| 2021 | 2020 | 2019 | |
| SALES | $ 768,202 | $ 784,411 | $ 874,378 |
| SDE | $ 126,997 | $ 86,668 | $ 114,863 |
PRICE/FINANCING:
- The asking price is $ 275,000 with some owner financing available to a qualified buyer
COMMENTS:
This is an ideal owner/operator business for a person looking to operate a Pizzeria. The Buyer must have some background in the Food Service industry. Training will be required as a new franchise owner. Expanding hours with lunch and/or late night will increase sales. This industry Is pandemic Proof.
