Successful Pizzeria for Sale in Midtown Manhattan - 28629

Financing

$1,000,000 Down and $500,000.00 in seller financing may be made available to qualified buyers

Business Description

Looking to own a successful brick oven pizzeria in a prime Manhattan corner location? Look no further than this established business with 17 years of success! The current owner is semi-absentee, leaving plenty of room for a more hands-on owner to take it to the next level. The menu features top-notch thin crust pizza, sodas, salads, parmigiana heroes, and calzones. There's even room in the back to expand the menu with a stove/oven and venting duct already in place. With 16 years left on the lease and no demolition clause, the rent escalates at just 3% per year. The majority of revenue comes from in-store sales, with internet delivery orders making up the other 25%. Payroll consists of 12 full-time employees for a total of $7,000/week. Open until 2am on Thursdays and 4am on Fridays and Saturdays, this pizzeria attracts a late-night crowd in this young and affluent neighborhood. During the day, deliveries are made to corporate accounts, local schools, churches, and a major hospital nearby. With a high rise residential building about to go up on another corner of the same block, this pizzeria is poised for even more success. To schedule a tour and speak with the seller, contact the listing broker, Jay Goldman, today!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.