2 Neighborhood PIZZERIA's, 1 WITH Property. Sold as a package only
Asking Price: | $2,400,000 |
Gross Revenue: | $2,800,000 |
Real Estate: | $950,000 |
Cash Flow: | $585,000 |
Inventory: | $20,000 |
Established Year: | 1992 |
2 PIZZERIA's. Same Owner+20 Years. Time To Grow With A New Owner/Operator.
Both stores have been operating for over 25 years. They are a fixture in their communities, with a solid reputation for quality and value.
Great locations in the main shopping area of the towns.
The towns have major retail businesses, that generate high shopping traffic all day from the towns and neighboring towns.
Surrounded by high density residential homes and apartments, schools and commercial and health service businesses.
Both towns are attracting young professional families with children, due to proximity to NYC.
One store is operated absentee and the other has an owner/operator.
Fantastic opportunity to purchase 2 stores that generate over $500K in Net Income and a valuable property with over 7% cap rate.