Long Established Pizzeria Restaurant - 21458 Business Type: pizza parlour,restaurant/ cafes/ diners
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $200,000 | Down Payment | $150,000 |
| Gross Revenues | $486,444 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $212,234 | Number of FT Employees | Register Free to View |
Financing
$150,000 Down and 50k for 5 years @ 6%
Business Description
Long Established Pizzeria in the heart of a residential Nassau County Neighborhood. This place has been a local favorite since 1969. The current owners have been there for 10 years and have extended that success. They mainly focus on pizza & heroes for lunch and dinner (take-out & delivery). In fact 95% of their business is take-out. They do have seating for 24 inside their 1200 sq. ft. store. There is tremendous room for growth with catering and delivery. The location has a full kitchen with 4 Bari Pizza ovens. In the past 12 months the business grossed approx. $540,800.00 with a Net Income of approx. $170,000.00 to the current owners. These are solid numbers that can be grown.
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.
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