Property ID : WSD24.304
For Sale $225,000.00 - Pizza Shop, Restaurant
DESCRIPTION:
Long-Established and Profitable Franchise Pizzeria is for sale on the west-side of Rochester
It has been successfully operating for over 13 years with consistent sales and cash flow
- This Brand is known for its Quality, Price and Service with a very loyal clientele
- The current hours of operation are 6 days a week over a total of 63 hours
- It is located within a large residential and commercial area in Monroe County NY
- Training from appointed management will assure for a smooth transaction
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Furniture, fixtures and equipment at a fair market value of $ 60,000
- Inventory included is $ 3,500
LEASE ARRANGEMENTS:
- The current gross rent is $ 2,200 a month. The landlord will offer a long-term lease to the Buyer
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
1-1 thru 6-30-2023 2023 Annualized 2022 2021 2020
SALES $ 308,340 $ 616,680 $ 613,388 $ 738,176 $ 835,531
SDE $ 76,790 $ 153,580 $ 135,402 $ 121,732 $ 175,871
PRICE/FINANCING:
- The asking price is $ 225,000
COMMENTS:
This is an ideal owner/operator business for a person looking to operate a Pizzeria. The Buyer should have some background in the Food Service industry. This industry Is pandemic proof