Financing: $900,000.00 Down and $499K over 5 yrs. @ 6%
Reason for Selling:Retirement
Pizzeria & Rest. Grossing 45K Wk. This is a landmark location in Brooklyn. The current owner has been here for 30 years. He is ready to retire.
This is a very unique 2,000 sq. ft. location with covered, permitted outdoor seating. There is the outdoor seating, a sit down, indoor, white table cloth restaurant, and an area for quick-serve/take-out.
There is a simple menu that is easy to manage. In the past year this business grossed approx. $2,340,000.00 ($45k/wk in sales) with a net income of approx. $475,000.00.
This business has 11 years remaining on the current lease at only $7,300/mth. (incl. tax & CAM) with only 2% annual increases and an option to renew for a qualified buyer.
This is a great deal that will not last. **DISCREET VISITS ONLY. PLEASE DO NOT MENTION THE SALE TO EMPLOYEES**
We are looking for serious and financially qualified buyers with experience in the industry and at least $925K to cover the downpayment and rent security deposit.
If you meet the criteria call Mel Vaz today at 1-877-735-5224.
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 email@example.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.