| Pizzeria Restaurant located in most affluent area of Delaware County, PA and in an active commercial area with various successful businesses. The business projected 2018 gross income is approximately $760,000. This Pizzeria is located at a highly active county road with lots of drive by vehicles . The facility consists of 1,100 square feet with a fully equipped commercial kitchen, a walk up counter for fast food service and appropriate seating for 16 person. This business running with same owner from last 18 years with a solid customer base and 55% of the income represents delivery service. This particular business has three full time and 11 part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $18,000. The business has an assignable commercial lease which expires 2024, plus additional five year options, with a monthly rent of $2400, and rent security of $2500. The business has been valued at $350,000 and this sale is based on a multiple of the net yearly income along with the value of the assets.This is a wonderful business opportunity. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only. |
