Powelton Pizza & Catering - University City

Philadelphia, PA (Philadelphia County)

Powelton Pizza & Catering - University City

Asking Price:$130,000

Cash Flow:$350,000

Gross Revenue:$785,000





Powelton Pizza & Catering - University City

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Business Description

$130,000 for quick & immediate sale!!!
Established Landmark Pizza Restaurant, Sandwich Shop, & Caterer
Popular & Successful : Recent Closure due to Personal Medical Issue
Preferred Vendor/Provider to Area Schools/Hospitals/Corporations
Dine-In : Take-Out : Pick-up : Delivery : Catering

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
FINAL PRICE REDUCTION $130,000 for quick & immediate sale!!! Powelton Pizza & Catering - established 1987 Landmark Pizzeria, Sandwich Shop, & Caterer Popular & Successful - RECENTLY CLOSED DUE TO FAMILY EMERGENCY Preferred Caterer/Vendor/Provider to Area Schools/Hospitals/Businesses 150+ Accounts = Consistent Cash Flow Dine-In : Take-Out : Pick-up : Delivery : Catering 1800 sq.ft. recently renovated FF&E in excellent condition $ 3,750/mo. long-term lease REAL ESTATE IS NOT AVAILABLE FOR SALE Landlord is offering 1st right of refusal for future real estate purchase IF he decides to sell during the 5/5/5 lease term. 2015 = $ 785k/yr = $ 350k/yr cash flow to owner/operator. Documented. NEW Drexel project directly across the street = 1000s of new residents/students/employees. Sale includes Business, All Assets & Equipment - TURN-KEY OPPORTUNITY! Original owner/operator/landlord available to briefly assist new owner w/ startup, accounts, & procedures. $ 130,000 + $ 3,750/mo. lease. SBA FINANCING AVAILABLE to qualified buyer w/ 20% down + closing costs.
Growth & Expansion:
DIRECTLY ACROSS from Drexel/Wexford Development Project. 2.7million sq.ft. of new development 690 residential units 3700+ permanent jobs Limitless potential during & after construction; workers, residents, students, faculty, staff, etc. Sellers have recognized ~$65k additional cash sales from contractor foot traffic alone. Inquire to discuss.
Financing Available to Qualified Buyer
Support & Training:
Available - Negotiable
Reason for Selling:
Business Website:

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Northeastern Commercial

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