Halal Pizzeria with Deli & Grocery::: High Volume

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.
 
Geography: State:Pennsylvania  County:
Asking Price: $550,000
Cash Flow: $210,000
Down Payment: $550,000
Franchise: -
Reason for Selling: Retired
Re Inc.: No

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