Pizza & Sub Restaurant!
| Asking Price: | $199,000 |
| Gross Revenue: | $550,000 |
| Cash Flow: | $120,000 |
Profiting Pizza Restaurant!
Italian Style - Pizza & Sub Dine-in, Take out and Delivery - Restaurant for Sale.
Long Time Established (previous owner 30+ years)
Current Owner since April 2023
Reason for sale is Owner Absentee and lack of management.
Located at the corner of high traffic Busy Street.
Also, foot traffic and customers from nearby Hospital, Residential and Office buildings neighborhoods.
Income:
Total Sales $550,000 /year
Business does about:
70% Take-out orders
20% Delivery
10% Dine-in
Expense:
Food cost is about 23% approx.
Rent is $1800/mon including property tax/insurance.
Lease 15 Year (5 yr + 5 yr option to renew + 5 yr option to renew)
Payroll Expense is $3500/wk approx.
Employee: 5
Utility (Gas+Electricity) is about $1000/mon on average.
Equipment included: Pizza Owen, Walk-in cooler, Freezers, Coolers and more.
Cash Flow (Net Profit) is $120,000/yr approx. after all expenses.
Business Priced low for quick sale.
Do not miss this profit making business opportunity.
Great for family owned operated.
Call Wasim for more detials.
Buyer need to sign NDA for Business Address.
Buyer to do own Due Diligence to verify details.
Disclosure:
Information regarding business for sale is provided by seller and other sources is not verified in any way by Green Star Realty LLC or it’s salesperson, and has no knowledge of accuracy of said information and makes no warranty, express or implied, as to the accuracy of such information Buyer to do his own due diligence.
