Pizza RestaurantsPennsylvaniaMonroe

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Pizzeria Nets $170k
$350,000Cash Flow: $170,000Seller Financing
Pizzeria Nets $170k

Monroe County, PA

Successful New York style pizzeria restaurant with a wonderful and well-known reputation to its many customers. The business presently has no delivery service and small percentage of catering which if instituted can substantially increase gross sales. The business is known for its delicious, fresh Italian cuisine, and they offer a great lunch, dinner and wonderful service. They have a full selection of lunch and dinner selections, daily specials and no delivery. The passion to provide delicious Italian cuisine and oven pizza has always been a driving force for this restaurant. This pizzeria operation consist of 3 full time & 16 part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis and a weekly base salary, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $17,000. The business transaction will offer an assignable commercial lease which expires 2025, plus additional options available, with a monthly rent of $4,403 cost per square foot is estimated at $21.15 and rent security of approximately $6,000. The business has been valued / priced at $350,000 approximately 2.5 times the net yearly income which is based on the seller’s representation of a multiple of the net yearly income which includes the value of the specific business assets. Also, possible seller financing may be available to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable safe business opportunity. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

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