Property Details

Well-Known Downtown Rochester, NY Pizzeria - Rochester

Property ID : SPL25.416

For Sale $149,000.00 - Pizza Shop

DESCRIPTION:

  • A Well-Know Downtown Rochester NY Pizzeria in operation for over 35 years
  • Has been voted best pizza in Rochester NY several times
  • It has a simple menu specializing in pizzas and calzones
  • This pizzeria does primarily take-out but seating for up to 60 is available
  • The current hours of operation are only 29.5 hours a week

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

  • Furniture, Fixtures, and Equipment at a fair market value of $ 20,000
  • Inventory at cost of $ 2,500

 LEASE ARRANGEMENTS:

  • The current gross rent is $ 2,750 a month with the lease ending in 2025
  • A new lease can be negotiated with longer terms

SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):

 

  2021      2020      2019
SALES $ 402,014 $ 340,694 $ 513,716
SDE $   96,200 $ TBD $ 109,283

 PRICE/FINANCING:

  • The asking price is $149,000.
  • The seller will offer financing to a qualified buyer with at least 50% down

 COMMENTS:

This is a very nice owner-operator business open less than 30 hours a week. The absentee owner draws $ 30,000 plus a year. This location is in the heart of downtown in the City of Rochester, NY.

Increasing the hours of operation and offering delivery service will increase sales and profits

 

Agent Stuart Levy

  • Office : 585-247-4750

Stuart Levy brings over 25 years of experience in the Hospitality industry. He has owned, operated…
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