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This Business has been Sold!
Closing Date: 01/28/2013
Broker: David Bock

Business for Sale Summary

Profitable Family Restaurant and Pizzeria - 20473

Business Type: retailing businesses,pizza parlour,restaurant/ cafes
Sold
Profitable Family Restaurant and Pizzeria
On January 28th 2013, The Undersigned
Acted as the Advisor to the Deal
David Bock
David Bock Senior Broker
Servicing: New Castle County DE, Bucks County PA, Montgomery County PA, Camden County NJ
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 $299,000 Down Payment $179,000
Gross Revenues $520,000 Lease Remaining Register Free to View
Owner’s Cash Flow $171,087 Number of FT Employees Register Free to View

Financing

$179,000 Down and $120,000.00 @ 8.5% X 60 months

Business Description

Well established Pizzeria and 50 seat family restaurant built with efficiency in mind; throws off real numbers... No Joke. Business poised to go to next level with new touch screen POS register system. Profitable seller only selling due to family pressure to move. Seller Claims numbers are provable. More than 10,000 households and businesses within a 1 mile radius, over 45,000 within a 5 miles radius, Great frontage, and signage with easy access and egress on a major artery. Additional 300 sqft available for nominal cost DE Liquor Lic available for nominal cost. What? Yes nominal cost.

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.