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Pizzeria For Sale in Mall

6/wk
Rockland County, New York, United States
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Asking Price$275,000
Revenue$625,000 Established2000
Cash Flow$90,000 Employees6 full-time
FF&E$185,000* FranchiseNo
Inventory$1,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Solid business opportunity for this profitable pizzeria restaurant in a highly active commercial mall in Rockland County, New York. Their menu is shaped by their diversity and the uniqueness of their customers and tastes. Also, 80% of the income represents pizza sales. Pizza is a popular favorite, and they take pride in serving it – using the freshest ingredients and best cheeses available. They love to serve food that makes their customers happy, and would never sell what we wouldn’t eat or feed their family! Their goals and visions stem from three key ingredients: Quality, Flavor and Quantity! When dining at their Pizzeria and Restaurant, you will experience a warm friendly atmosphere and food that will make you feel good, satisfied and wanting more! This company has six full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $8,600. The business has an assignable commercial lease which expires 2025-01-01 plus additional options, with a monthly rent of $7,500, cost per square foot is estimated at $36.00 and rent security of approximately $10,000. The business fixed assets has an estimated value of approximately $185,000 which is based on equipment and licensing replacement cost and the sale consists of a fully equipped Pizzeria Restaurant which includes a commercial kitchen, refrigeration & freezer units, POS system, displays, shelving, tables, computers, fire suppression system including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private mall parking on site as part of the commercial lease. This modern highly successful restaurant business operation is active seven days per week, with hours from 10:00 am to 9:00 pm. The sale includes all required documentation including a certificate of occupancy from the municipality and the required state or city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply an excellent return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:Wonderful mall location just off the NY Thruway and consisting of various retails businesses. This retail facility consists of 2,500 square feet with a modern and attractive appearance. The business is in a mid-size commercial mall with various other active and successful businesses. This opportunity is in Southern New York, Rockland County, which consists of various affluent and highly populated communities with continued demand for this service.
Competition:Competitors presently exist in the industry and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth Potential:The business presently has a limited marketing plan, poor web site, no delivery, no liquor license and if improved can further develop the business yearly gross sales.
Training/Support:The seller owner will remain post-closing to supply an appropriate transitional period to the new owner / operator.
Seller Financing:Seller financing is available to qualified buyers.
Sale Reason:The sale is due to the owners retirement.
Ad #94581
Seller Reference #PZZA429
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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