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Business for Sale Summary

High Volume Pizzeria w/Property *DEAL OF THE YEAR* - 29264

Business Type: other eating & drinking places,other food stores,restaurant/ cafes,business with property available,must sell/drastic price reduction!,new to market,seller financing available,pizza parlour
High Volume Pizzeria w/Property *DEAL OF THE YEAR*
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This business has received 161 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $149,000 Down Payment $149,000
Gross Revenues $766,821 Lease Remaining Register Free to View
Owner’s Cash Flow $186,400 Number of FT Employees Register Free to View

Financing

$149,000 Down and Building available as well for $900K with 50% down. Seller will hold mortgage.

Business Description

High Volume Pizzeria w/Property. *DEAL OF THE YEAR* *MAJOR PRICE REDUCTION* This business was built from scratch 6 years ago. It is a simple operation with mostly take out and NO DINING ROOM. Sales consist of 50% pizza and 50% dinners. 70% of sales come from delivery. They are the only place in town that delivers. In fact, there is only one other pizzeria in town. Where in NY can you find such limited competition? In the past year the business grossed an avg. of $16k/wk or approx. $832,000.00 with a net cash flow of approx. $186,399.96. THE BUILDING IS AVAILABLE AS WELL FOR $900K WITH 50% DOWN. THE SELLER WILL HOLD THE MORTGAGE FOR A QUALIFIED BUYER. The property has 3 tenants that generate $4K/mth in rental income. Property taxes are $19k/yr. If you cannot buy the property today, the seller is willing to offer a long term lease with an option to buy the property. This is one of the best pizzeria deals I have seen in a long time. We are seeking a serious and financially qualified buyer with at least $150K in liquid funds. YOU WILL MAKE BACK YOUR MONEY IN YEAR ONE! 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.