Times Sq Pizzeria Doing $45k Wk with below Market $16K Rent Month

New York, NY (New York County)

Times Sq Pizzeria Doing $45k Wk with below Market $16K Rent Month
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Asking Price: $900,000

Cash Flow: $366,800

Gross Revenue: $2,350,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $16,598.75 /Month

Established: N/A

Times Sq Pizzeria Doing $45k Wk with below Market $16K Rent Month

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Business Description

Amazing opportunity for an owner operator with Pizza experience to buy a centrally located pizza shop in the heart of Times Square doing a solid $45,000 a week in sales. The rent at $16,600 a month all in is way below market value for this tremendous location on the Avenue with a 10 year lease. The store does over 65% walk-in business and 35% delivery business through it's own website and online food delivery websites. Call Bob Patel at 917-642-6400 for more information.

Detailed Information

Location:
New York, NY
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
10/17/2029
Support & Training:
seller willing to train new owner
Reason for Selling:
Owner wants to retire
Business Website:
http://www.eastcoaststores.com
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(from currently available funds)
 
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Henry Galasso

Business Listed By:
Henry Galasso

East Coast Stores LLC, NYC

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