Property ID : WSD24.218/SPL25.255
For Sale $188,500.00 - Pizza Shop
DESCRIPTION:
• A well-known, very successful, Monroe County Pizzeria in operation for over 20 years with Seller Financing for sale
• Located in a Monroe County NY suburb
• 2,700 total sq. ft. premise with Indoor seating for 70
• Has a loyal clientele due to its impeccable reputation for taste, service, and prices.
• A delicious menu of specialty pizzas, chicken wings, plates, subs, hot and cold sandwiches, soups, salads wraps, and much more.
• Large selection of Beers, Coffees, Teas, and other beverages.
• Fully staffed with a General Manager, 4 Full Time and 10 Part Time Employees assisting the Absentee-Owner in the operations
ASSETS/FIXTURES/EQUIPMENT: Included in the asking price:
• Equipment, furniture, and Fixtures Fair Market valued at $ 78,000.
• Inventory (Beers, Foods, Dry Goods), valued at Seller’s costs of $ 12,000.
LEASE ARRANGEMENTS:
• Gross Rent is $ 2,970 per month. Current Lease expires in 2022
• A New 3-5-year lease, with a 3-5-year option could be offered to the Buyer of this Pizzeria
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE)
• Sales: 2019 – $818,958 2018 – $ 882,796 2017 – $ 912,470
• SDE: 2019 – $145,172 2018 – $ 168,683 2017 – $ 164,826
PRICE
The Asking Price is $ 188,500.With $ 75,000 down the Seller will finance the balance of the purchase price.
COMMENTS:
A complete turn-key Pizzeria opportunity that is perfect for either an owner-operator or as an investment for
an Absentee-Owner
