Property Details

Well-Known Eastside Local Franchise Pizzeria - Rochester

Property ID : SPL25.385

For Sale $285,000.00 - Pizza Shop

DESCRIPTION:

             A well-known east side local franchise pizzeria for sale

  • It is located off a very busy east-side highway
  • It was newly remodeled, and opened in October of 2020
  • 1300 sq feet facility with all brand-new equipment built to do high volume sales
  • Currently hours of business are 10 a.m. to 8 p.m. daily, and closed Mondays
  • There is plenty of well-lit parking maintained by the town
  • There is 6 months of training available to the buyer of this pizzeria
  • Royalty expenses come out to only about a pizza a day

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

  • Furniture, fixtures, and equipment at a fair market value of $ 125,000
  • Inventory at cost of $ 3,000

 LEASE ARRANGEMENTS:

Current base rent is $3550 a month with additional taxes of approximately $4 00 a month

SALES AND SELLERS DISCRETIONARY EARNINGS:                             10-1-20 thru 12-31-2020    1-1-21 thru 4-30-21

(3 months)                    (4months)

Sales:                      $ 176,951                   $ 252,909

SDE:                       $    28,382                  $    54,991

 

PRICE/FINANCING:

 Asking price is $ 285,000 with some seller financing available to a qualified buyer

 COMMENTS:

This is an ideal owner/operator opportunity. Buyer must have some background in the industry. Training will be required as a new Franchise owner. Expanding hours and opening 7 days a week will increase sales. The projected sales for 2021 is $ 1,000,000 plus. This industry is recession and pandemic proof.

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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