Listing Number: 189597-717603
Description
Great investment opportunity for a passive investor to make over 34% immediate cash-on-cash return after hiring an ops manager (or family member) for $3,000/week to oversee the 3 existing Pizza store managers. In addition to the immediate 34% return, there’s also an opportunity to grow the brand beyond Brooklyn by expanding into other Orthodox areas of New York and New Jersey and build upon the existing following, as the name is well-known. This would increase the value of the investment long term.
Listing Details
- Price: $ 1,499,000
- Down Payment: $1,499,000
- Sellers Discretionary Earnings: $ 660,493
- Total Sales: $ 3,752,800
- Location: Kings County, New York
- Inventory: $ 20,000
- FF&E: $ 400,000
- Employees: 20
- Year Established: 2017
- Reason for Selling: Retirement
- Category: Restaurants
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