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Business for Sale Summary [Non-Confidential]

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New York County, NY

Business Type: retailing businesses,pizza parlour,restaurant/ cafes

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $650,000.00

  • Gross Revenues

    $1,192,750.00

  • Financing

    $ 500,000.00 Down and $150,000 @ 8.5% for 5 years (60 months).

  • Owner's Cash Flow

    $236,590.00

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Business Description

This well established Eastside Italian/Pizza restaurant sitting on a hot corner is located near 2 major Hospitals and a 15 Multiplex Theater (200 movie goers pass by every 20 minutes). The front area has a large dining area with a full liquor licence/bar for the fast moving business lunch/evening movie crowd while the large rear dining room accommodates the relaxing dinner patrons. Deliveries are non-stop all day. Currently being run by an absentee owner which will grow rapidly with a hands on owner. 10 year lease is available.

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