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This Business has been Sold!
Closing Date: 10/27/2011

Business for Sale Summary

Must See Pizzeria Thirty four year lease - 19360

Business Type: seller financing available,special situations,new to market,retailing businesses,other eating & drinking places,other food stores,pizza parlour,restaurant/ cafes
Sold
Must See Pizzeria  Thirty four year lease
On October 27th 2011, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NH, NJ, NY, PA, RI and VT
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.

Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$125,000 Down and Negotable over 3 yrs. @ 6%.

Business Description

A MUST SEE!! Beautifully remodeled pizzeria in Suffolk County. This is a turn- key opportunity. You do not have to spend a penny. All kitchen equipment, electrical, HVAC is brand new. It even has a state-of-the-art POS system. One of the best leases I have seen, 14 years, plus four 5 year options. THAT'S A 34 YEAR LEASE. Rent is only $2,868 (incl. tax and CAM) for a 1500 sq. ft. space with seating for 16. They mainly offer take-out lunch and dinner as well as catering. The current owner operates this location part-time. A new, hands-on owner can work the business and increase the volume while reducing payroll. The business has incredible growth potential and continues to grow daily. Current sales average $10,500/wk. The business is only open 6 days per week. Closed on Mondays. ALL INCOME AND EXPENSES ARE FULLY VERIFIABLE! We are looking for an owner/operator or someone with pizza experience to come in and scoop up this steal of a deal. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com. Serious inquiries only!

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.