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Mostly Absentee Run Pizzeria for Sale for sale in Orange County, New York
Mostly Absentee Run Pizzeria for Sale
Orange County |
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Nice clean pizzeria for sale in an artsy town. Pizzeria has been in operation for 3 years and has 3 years left on current lease. Current owner will get new owner a longer lease. The pizzeria is open 7 days from 11-9, has 22 seats and parking in the rear for 30. Owner is mostly an absentee owner. He is in his late 60?s and owns another pizzeria. He wants to slow down and only operate one. Huge potential for someone looking to work the business. If a working owner comes in, owner?s cash flow will increase to $80,000. It's a steal. New owner can get in for pennies on the dollar.
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Listing Number: 144
Morris Cohen - Listing Broker
122 Ogden Avenue, Dobbs Ferry, NY 10522
Telephone - (914) 674-9580
E-mail -
mcohen@capitalbbw.com
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| Category |
RETAILING BUSINESSES |
| Sub-Category |
Pizzarias |
| Asking Price |
$75,000 |
| Gross Sales |
$210,000 |
| Cash Flow |
$47,000 |
| FFE |
$15,000 |
| Inventory |
$3,000 (Inventory IS Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
2 - Full-Time
0 - Part-Time |
| Facilities |
Nice clean 1000 square foot facility with seating for 22 and parking for 30. Kitchen is about 150 to 200 square feet and has everything you need to run a pizzeria. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Competition should not be an issue. He has been there for 3 years. Current owner has not worked at marketing business. |
| Growth Notes |
Owner is absentee so business should do better with a working owner. Also, owner does not apply anytime to help market or build the business. They also do not currently offer any delivery service. |
| Support Training |
Owner will supply ample training. |
| Year Established |
2002 |
| Financing Terms |
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| Reason for Selling |
Wants to concentrate on his other business. |
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