Pizzeria (Absentee Owned)
Location: Pennsylvania > Philadelphia County
Industry: Food and Beverage > Other Food and Beverage
Financials
Asking Price: $410,000
Gross Revenue: $800,000
Cash Flow: $175,000
Cash Flow Comments: Owner Operated
Seller Financing: Some owner financing available to qualified buyers
Business Summary
Well known named pizzeria that currently employs a manager earning $50,000 per year. The business is currently run absentee earning $125,000. An owner operator could replace the current manager earning $50,000 additional to the current absentee cash flow. Business currently serves delivery, take out and sit down. Seating for 15 patrons. Business has been recently renovated with new registers, computer systems, conveyer ovens, etc. There are 13 years left on the remaining lease with a montly rental of only $1400 per month and occupying 1200 square feet.
About the Business
Year Established: 1993
Employees: 4 full time - 2 part time
Facilities: Business has been recently renovated with new registers, computer systems, conveyer ovens, etc. Monthly Rent - $1,400 Square Footage 1200 13 years left on remaining lease
About the Sale
Management Training and Support: 2 weeks to ensure a smooth transition
Reason For Selling: Owner is pursuing other business interests

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Listing Tools
BizQuest ID:895670
Business Listed By
Name:Daren DiSantis
Company:Business Exchange Network, Inc.
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