Pizzeria-Restaurant - 32075

Albany County, NY

Seller Financing Available
Pizzeria Restaurant Business Available
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Asking Price: $119,000

Cash Flow: $40,000

Gross Revenue: $400,000

EBITDA: N/A

FF&E: $200,000

Inventory: N/A

Established: 2015

Pizzeria-Restaurant - 32075

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Business Description

Large pizzeria-restaurant on main road Albany street with great visibility. Fully equipped. Can be converted to any style restaurant. Free standing building with 40 car parking lot. Seats 55 customers with 70 customer capacity. 2400 square feet with 2000 sq. ft. 8-foot basement. Remodeled three years ago. Two big walk-in boxes-cooler and freezer. Was formerly on site of large chain restaurant. Being Sold as asset sale. Business breaking even due poor language and management skills of on-site manager for absentee owner after he lost his working partner. Offering partial menu for eat in, pick-up and delivery, uber eats etc. New $40,000 brick oven. No liquor license now- opportunity for buyer. Catering to health dept., hospitals and colleges. New owner can operate this large free-standing remodeled space as any kind of casual eating establishment. Cost owner over $220,000 (including new kitchen) three years ago to build out and renovate. New Owner can add full liquor license or Beer and wine license to add to profitability. Looking for experienced operator to take this ready to operate renovated space on main road. Retain, expand or change menu. Contact broker Joseph Stansky for more details.

Detailed Information

Location:
Albany County, NY
Employees:
3/2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
80,000.00 Down & $39k over 2 years @ 5%
Support & Training:
Seller will train
Reason for Selling:
Lost Managing Partner
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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