Pizza/Restaurant - 26314 Business Type: pizza parlour,restaurant/ cafes/ diners,owner financing available
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $65,000 | Down Payment | $65,000 |
| Gross Revenues | $510,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $170,000 | Number of FT Employees | Register Free to View |
Financing
$65,000 Down and
Business Description
Profitable Low Overhead Pizzeria in the heart of a residential Nassau County Neighborhood. This place has been a local favorite for 40 years. The current owners have been there for 16 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 and full basement. In the past 12 months the business grossed approx. $510,000.00 with a Net Income of approx. $170,000.00 to the current 2 owners. These are solid numbers that can be grown. Buyer who buys this listing buy him self will have to replace partners salary with a employer for about $1k weekly $52k yearly. Buyer can buy this listing for only $65K firm & still earn $120k Some updating must be done within one year to obtain proper town permit. Work for that will be about $25k buyer must add grease trap. This will sell fast respond today! BEST DEAL NO BRAINIER HURRY!! Rent only $2800 10 year lease! 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.
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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