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Business for Sale Summary [Non-Confidential]

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Kings County, NY

Business Type: special situations,must sell/drastic price reduction!,retailing businesses,pizza parlour,restaurant/ cafes

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Non-Confidencial Financial Infomation

  • Asking Price

    $170,000.00

  • Gross Revenues

    $357,338.00

  • Financing

    $ 0.00 Down

  • Owner's Cash Flow

    $156,678.00

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Business Description

Huge Price Reduction. Beautiful pizzeria and restaurant in the heart of Brooklyn%u2019s hottest neighborhood. There is a long term lease for only $5,000 a month for an 1,800 sq. ft space plus a basement. The restaurant was completely renovated one year ago. Everything is new, including the central air conditioning and the gas fired brick oven that holds 12 pies. This is a turnkey opportunity for someone who is ready to step in and start making pizzas. The back room seats 75 and there is a small back patio. A new owner can quickly and dramatically increase cash flow by obtaining a beer and wine license and a sidewalk café license. At this price this won%u2019t last long. The owners are willing to hold a note.

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