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#Business ID: 17875

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Pizzeria / Cafe

Business Location: New York City, New York, United States

Asking Price: $ 350,000 Revenue: $ 650,000 Cash Flow: $ 150,000

Business Summary

Listing Details

Gross Revenue: $ 650,000
Cash Flow: $ 150,000
FFE: $ 5,000 (Included in Price)
Inventory: $ 4,000 (Included in Price)
Reason for Sale:
Seller is retiring.

Operations

Year Established: 1988
Days & Hours of Operation: 7 Days 10:30AM-9:30PM
Employees: 7 Full Time
Absentee Owner: Yes

Location

Lease Expire: 0000-00-00
Monthly Rent: $ 6,500
Square Footage: 2250
Facilities:
Located in hi-end Upper East Side residential neighborhood serving several schools, hospitals and the general public. Contains 12 tables seating approx. 35 to 40 people. Ground level is 1,500 sq. ft. and also contains a full working kitchen. Basement is approximately. 750 sq. ft. and contains storage units, paper goods, etc.

Summary

Business Description:
A staple in this hi-end Upper East Side residential neighborhood for 15 years. Specializes in quality organic flour and wheat germ to create a crisp sumptuous slice. Serves up delicious chicken wings, salads, fries, and mozzarella sticks. Deliveries are 60% of revenues. The full kitchen is underutilized and can provide a wider menu for the loyal customer base.

Potential Growth:
The full kitchen is underutilized and can provide a wider menu for the loyal customer base. Extended menu and hours along with serving of wine/beer would increase volume substantially.

Property Details

Property Type:

Lease

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