Listing ID: 60965

Business Overview

Prime Location: The pizzeria is situated in a high-traffic area within an upscale shopping center, complete with a large, paved parking lot for customer convenience

Value Add – Current owner is not utilizing all of the seating space to its full capacity. They do little to no advertising/marketing. Also has a weak social media presence.

Elegant and Welcoming Ambiance: The space includes ample seating for customers, a display case showcasing fresh pizza, and brick ovens. The interior design strikes a balance between classy and casual, suitable for various dining occasions

Revenue Streams: This pizzeria features a diversified revenue composition with 60% coming from takeout/delivery, 30% from dine-in customers, and 10% generated through catering services

Lease – New 10 years plus 5 year option

Rent Increases – 3% annually on the base rent – $8,774.64

Ownership: The business has been under the same ownership for 8 years. Currently, owner-operated.

Employee Breakdown: 10.5 employees. Staff includes 2 cooks, 1 chef, 1 prep worker, a dishwasher, a counter staff member who also serves as a pizzaman, a dedicated phone operator, 1.5 busboys, and 2 waiters.

Financing – Seller financing available

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE 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 info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $439,999
  • Cash Flow: $205,000
  • Gross Revenue: $1,339,152
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Cooperating Broker of Record

Jason Green

SFR Realty, LLC

New York - 10301222535