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Business for Sale Summary

Money-Making Midtown Pizzeria - 28670

Business Type: other eating & drinking places,restaurant/ cafes,best deals!,new to market,seller financing available,pizza parlour
Owner Financing
Money-Making Midtown Pizzeria
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $200,000
Gross Revenues $780,000 Lease Remaining Register Free to View
Owner’s Cash Flow $208,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and $50,000.00 at 6% over 24 months

Business Description

In business since 1972, you would be just the 3rd owner of this Money-Making Midtown Pizzeria. On an average week, the current owner puts $4K in his pocket on weekly sales of $15K. While there are only 3 years left on the lease, the landlord stands ready to either extend it or give you a brand new one. You must, however, have excellent credit and a background in the pizzeria business. It would be a plus if you presently own one or more pizzerias besides this one. You will find 900 square feet of space at street level that includes a large seating area and full kitchen with roof venting. There is a half-basement that is hardly used at all. The owner, 3 full-time and 1 part-time employee are all that's needed to run this place as-is. You could increase its internet delivery business. 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.

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.