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This Business has been Sold!
Closing Date: 06/16/2015

Business for Sale Summary

Absentee-Run Large Pizzeria Restaurant on UES - 25839

Business Type: other eating & drinking places,other food stores,pizza parlour,restaurant/ cafes,best deals!,must sell/drastic price reduction!,absentee business,seller financing available
Sold
Absentee-Run Large Pizzeria Restaurant on UES
On June 16th 2015, The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $100,000 Down Payment $50,000
Gross Revenues $434,800 Lease Remaining Register Free to View
Owner’s Cash Flow $62,768 Number of FT Employees Register Free to View

Financing

$50,000 Down and $50,000 in seller financing is available to buyers with good credit

Business Description

MUST-SELL! Just Reduced Asking Price to $100K with Only $50K Down. Spacious Absentee-Run Pizzeria Restaurant on Manhattan's Upper East Side near FDR entrance/exit. In business since 1982, the store was renovated and re-opened under a new name last year. There are more than 14 years left on the lease for 1,275 square feet at street level and another 600 square feet upstairs for storage. Rent is only $8,155/month and goes up a mere 2% each year. A lot of growth lies ahead from Seamless and GrubHub deliveries to be had in this densely populated and underserved neighborhood. The seller will entertain all offers. Please become a premium member at www.vestedbb.com to receive the address for a discreet visit as a customer, then email or call Senior Vested Business Broker Jay Goldman (jaygoldman@vestedbb.com or 1-646-670-1961) for an appointment to take a full tour and speak with the seller.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.