Property Details

Canandaigua Area Pizzeria - Canandaigua

Property ID : WSD24.227

For Sale $118,900.00 - Pizza Shop

DESCRIPTION:

  • A well-known and established Pizzeria in operation for over 23 years
  • Located on a major thoroughfare in the Canandaigua NY area.
  • 3,000 total sq. ft. facility with Indoor seating for 20
  • Has a loyal cliental due to its impeccable reputation for taste, service, and prices.
  • A delicious menu of specialty pizzas, chicken wings, calzones, hot and cold subs, appetizers, and salads.
  • Fully staffed with a General Manager and 10 Part Time Employees assisting the Owner in the operations

ASSETS/FIXTURES/EQUIPMENT: Included in the asking price:

  • Equipment, furniture, and Fixtures Fair Market valued at $ 30,000.
  • Inventory (Beverages, Foods, Dry Goods), valued at Seller’s costs of $ 3,500.

LEASE ARRANGEMENTS:

  • Gross Rent is $ 1,400 per month. Current Lease is Month to Month
  • A New 3-5-year lease, with a 3-5-year option to renew will be offered to the Buyer of this Pizzeria

SALES AND SELLERS DISCRETIONARY EARNINGS (SDE)

  • Sales:      2018 – $ 386,144       2017 – $ 378,452    2016 – $ 361,788     2015 – $ 389,128
  • SDE:        2018 –  $  85,785       2017 – $   58,365    2016 – $   63,890     2015 – $   95,845

 PRICE

            The Asking Price is $ 118,900.

COMMENTS:

 A complete turn-key Pizzeria opportunity that is perfect for an owner-operator

 

Agent Stephen DiPaolo

Steve november 2017
  • Office : 585-247-4750

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