Return to search results

Super Market & Pizzeria with Deli & Grocery::: High Volume

Philadelphia, PA (Philadelphia County)

Super Market & Pizzeria with Deli & Grocery::: High Volume
Contact Seller

Asking Price: $500,000

Cash Flow: $240,000

Gross Revenue: $1,560,000

EBITDA: N/A

FF&E: N/A

Inventory: $50,000*

Rent: $3,750 /Month

Established: 1998

*not included in asking price.

Super Market & Pizzeria with Deli & Grocery::: High Volume

Save Print Share Valuation Report

Business Description

Long established High Volume Halal Pizza & Deli. This Pizzeria Restaurant located in very busy area of Philadelphia, PA and in an active shopping center with various successful businesses. The business projected 2019 gross income is approximately $1,560,000. This Pizzeria is located at a highly active county road with lots of drive by vehicles . The facility consists of about 4000 square feet with a fully equipped commercial kitchen, a walk up counter for fast food service and seating for 10 person. Business doing most of take out and delivery.This business running with same owner from last 21 years with a solid customer base and 50% of the income represents delivery service and 45% takeout. This particular business has Eight full time and 4 part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $21,000. The business has an assignable commercial lease which expires 2023, plus additional two five year options, security deposit for rent is $3600. The business has been valued at $500,000 and this sale is based on a multiple of the net yearly income along with the value of the assets.Business are selling HALAL meat and Food. it is great money making opportunity for experienced owner operator.Please.Contact the listing agent for more detail.Buyer need to sign NDA and show financial strength to buy this business. This is a wonderful business opportunity. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only.

Detailed Information

Location:
Philadelphia, PA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
6/30/2023
Employees:
8+4 = 12
Facilities:
ABOUT 4000 SQ FT WITH FULLY EQUIPPED KITCHEN & FREEZER
Support & Training:
TWO WEEK AFTER SETTLEMENT
Reason for Selling:
Want to retired
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Ahmedali Saiyed

Business Listed By:
Ahmed Saiyed

Lamon Assocites

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1650938 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Zoup! Eatery

Franchise Opportunity In PA
Cash Required: $150,000