Listing ID: 37106
Business Overview
Business Description
– 1,500 SQ FT | 22 years remaining on lease
– Lease only increases 2.5% every two years
– Located on a prime corner location with thousands of people walking by everyday
– Many buildings surrounding the pizzeria with many new apartments being built nearby, this pizzeria will be even more of a goldmine in the next 5 years
– Has full kitchen, walk-in box, small updated bar, indoor seating and outdoor seating (over 70 people), and full basement for prep
– Over 400k spent on the build-out of the store
– One of the best and well-known pizzerias in New York City for over 50 years
– 60% pizza, 40% food from the kitchen
– Beer and Wine license in place
– Owner willing to help with transition of new ownership
**SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR EXACT LOCATION**
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at chris.empirebusiness@gmail.com. Our buyers are already qualified and willing to invest their time and money towards a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
Financial
Seller Financing Available
- Asking Price: $1,399,999
- Cash Flow: $520,000
- Gross Revenue: $2,600,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A