Business Summary:
Established Pizzeria & Grill with excellent rent rate and strong cash flow. This is a clean and attractive shop that runs very efficiently. The shop is currently grossing $24,000 per week with a net profit of $260,000 per year. The owner is selling due to a divorce all of the help is willing to stay. This is a great opportunity.
LEASE TERM: Seventeen (17) years remaining on the current lease.
BASE RENT: $1,541 per month (Way below market)
CONCEPT: Pizzeria & Grill
SEATING: There is seating for 22 patrons inside and additional seating outside
HOURS: 11:00 AM – 2:30 AM
LICENSES: Common Victullars.
SALES: Approximately $1,248,000
CASH FLOW: Approximately $260,000
ASKING PRICE: $497,000 (For the business)
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