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Pizzeria (Absentee Operated)

Northeastern Philadelphia, Pennsylvania (Philadelphia County)

Retail - Other Eating & Drinking Places | Retail - Restaurants

Asking Price $410,000 Inventory  
Gross Income $17,000/wk Real Estate  
Cash Flow $175,000 Year Established 1993
FF&E N/A Employees 4FT,2PT,drivers

* included in the asking price

** not included in the asking price

Well known named pizzeria that currently employs a manager earning $50,000 per year. The business is currently run absentee earning $125,000. An owner operator could replace the current manager earning $50,000 additional to the current absentee cash flow. Business has been recently renovated with new registers, computer systems, conveyer ovens, etc. 13 years left on the remaining lease with a monthly rental of only $1400 per month. Business is located is a blue colar area and right off a major thoroughfare. Owner financing available to qualified buyers.

Facilities: Business is located in a blue colar area and off a major thouroughfare.

Growth/Expansion: This business earns $125,000 for the absentee owner. And owner operator could replace the manager earning an additional $50,000 per year.

Financing: Owner financing available to qualified buyers

Support/Training: 2 weeks to ensure a smooth transition

Reason Selling: Owner is downsizing and pursuing other business interests

AD # 378335

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