Property ID : SB40.09
For Sale $50,000.00 - Pizza Shop
DESCRIPTION:
- Very popular Local Pizzeria Franchise, located in an affluent Village in the Rochester, NY area.
- Was established in 2017.
- Serves authentic style pizza, wings, subs, salads and more.
- Sales have averaged $40,000 per month.
- Busy lunch, dinner, and take out business that has remained extraordinarily strong during the pandemic.
- Franchise Royalties are 4% of monthly sales
- Hours are Monday-Thursday from 10 am to 8 pm, Friday 10 am to 9 pm, Saturday 11 am to 9 pm, Sunday 11 am to 8 pm
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
- Furniture, Fixtures and Equipment at a Fair Market Installed Value of $ 25,750
LEASE ARRANGEMENTS:
The Buyer of this Pizzeria can obtain a lease from the landlord at a Gross Rent of $ 1,590 per month for 5 years with options to renew.
SALES AND SELLERS DISCRETIONARY EARNINGS: 2020 2019 2018
Sales: $408,117 $ 353,898 $ 306,653
Cash Flow (SDE): $34,907 $ 25,179
PRICE/FINANCING:
The Asking Price is $ 50,000. Inventory can be purchased for $5,000.
COMMENTS:
- This is a great opportunity for an Owner-Operator to obtain a long Pizzeria with a very nice location, with a loyal clientele, and great reputation for delicious food.
