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Business for Sale Summary

Beautiful Newer 40 seat Pizzeria Restaurant - 25419

Business Type: restaurant/ cafes,pizza parlour
Beautiful Newer 40 seat Pizzeria Restaurant
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Financial Information (non-confidential)

General Information
Asking Price $650,000 Down Payment $400,000
Gross Revenues $721,631 Lease Remaining Register Free to View
Owner’s Cash Flow $188,001 Number of FT Employees Register Free to View

Financing

$400,000 Down and 250,000.00 @ 7% x 60 months

Business Description

Eight year established 40-60 seat Pizzeria, Italian restaurant now available. Features include, great location, strong sales, low rent, long term, low rent lease, large well laid out space with full finished basement that includes two walk-ins, a full prep kitchen and office. Present owner is selling only because their present partner wants out, being busy with other projects. Present seller, will consider a partnership opportunity, or an outright sale. Presently, sales hover around $14,000.00 week; when both partners worked on site sales were at $18,000.00/ week. Sales dropped to $14,000.00/ week when managing partner went abroad for 6 months. Seller believes an onsite owner will do better.

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.