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New York Style Pizzeria for Sale in Greensboro

Reference #: 41848018
Location: Greensboro
Price: $97,500
Amount Down: $97,500
Revenues: $372,000
Discretionary Earnings: $56,000
Total Assets: $200,000
Business Description: Thriving, New York style Pizzeria in well-equipped and furnished 2400 sq. ft space (1200sq. ft. restaurant and front counter/1200sq. ft dining room) in small, highly-visible strip center on major thoroughfare bordering exclusive neighborhoods.  Though owner has been open only a year, he just had serious surgery and must sell. Foundation for success has been laid: Completely turnkey operation. The location has been a similar food operation for the past 5 years, and has a good history.  60% of business is takeout/delivery, 40% eat-in.  New York style Pizzas, “Best Wings in Town” and Steak & Cheese subs are the bulk of the business, while offering unique apps. like breaded portabello mushrooms, and Mac & Cheese bites.  Pastas, Subs, Salads, Pitas, Gyros, Calzones and Stromboli's, ect. help fill out the menu.Great affordable daily specials for lunch and dinner.  Note: This restaurant just became the exclusive room-service supplier for 4 nearby hotels, soon 7, with a total of over 700 rooms. Had contract just a week and multiple orders a day are streaming in. Huge Potential here.  A deal has also been worked for regular TV exposure. Excellent website, too.   Rent is a very reasonable $1300/mo. which includes CAM.  All utilities, including Internet and cable, average about $900/mo.  4 years left on lease, 5-year extensions could follow.  Only other “competition” nearby, if you could call it that, is a Hungry Howies.   Super Strong Turnkey Offering and Opportunity for an energetic Owner/Operator.  Contact Ben at 336-855-8722 ext 13 or email bhaines@vrgreensboro.com to learn more about this opportunity.

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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.