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Business for Sale Summary

Great Pizzeria Franchise - High Vol. - 27875

Business Type: fast food franchise,other eating & drinking places,restaurant/ cafes,best deals!,new to market,seller financing available,pizza parlour
Owner Financing
Great Pizzeria Franchise - High Vol.
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Financial Information (non-confidential)

General Information
Asking Price $950,000 Down Payment $800,000
Gross Revenues $1,217,765 Lease Remaining Register Free to View
Owner’s Cash Flow $300,581 Number of FT Employees Register Free to View

Financing

$800,000 Down and $150K over 3 yrs. @ 6%

Business Description

Great Pizzeria Franchise - High Vol. It is located in a high traffic area of Queens, NY. This is one of the higher grossing locations in NY State. In the past year the business grossed approx. $1,301,483.10 with a cash flow of approx. $300,000.00. THERE ARE 9 YEARS REMAINING ON THE CURRENT LEASE PLUS A 5 YEAR OPTION. This franchise has a strong national brand and is growing. ALL FINANCIALS CAN BE VERIFIED THROUGH THE POS REPORTS. The owner lives on LI and was involved in a car accident that has limited her driving. She is hands on in the management of her store and tries to visit daily, although the business is fully staffed and does not require her physical labor. At this point she would like to sell and find another business closer to home. We are seeking a serious and financially qualified buyer with at least $800K in liquid funds and some management experience. Proof of Funds will be required to obtain the address. If you meet the criteria, please call 1-877-735-5224 for further information.

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.

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.