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Business for Sale Summary

Pizzeria & Restaurant for Sale in New York - 36307

Business Type: other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners,pizza parlour
Owner Financing
 Pizzeria & Restaurant for Sale in New York
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This business has received 75 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $210,000 Down Payment $175,000
Gross Revenues $510,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$175,000 Down and $35,000 for 3 years @ 3%

Business Description

Family owned established pizzeria in Suffolk County doing $510k gross annually. 2 active full time employees 6 part time employees. Daily average revenue during Monday through Thursday ranges from $700 low end - $2,000 high end. Daily average revenue during Friday through Sunday ranges from $1,200 low end $3,000 high end. Seller is willing to stay to train and ensure the transition is smooth for all parties. Owner takes home about $150k a year profit. Employees are willing to stay if ok with new owners. Furniture Fixtures Equipment worth $105k. Custom built Walk in fridge added as an extension $15,000, Astosa 2 door large fridge $3,000, Hobart Dough Mixer $8,000, ET Series Commercial Dishwasher $5,000, Cooper beach gas dual fryer $1,100, Astosa 2 door large freezer $4,000, Garland 6 burner full kitchen and stove $2,500, Standard Range Gas Grill $1,100 , 1 Stack Bakers pride pizza (2) ovens $30,000, Leader Dual Pizza fridge open with prep table $2,300, 6 tables 15 chairs $1,200. As well as, Brand new Coke Drinks fridge $2k, Bakers Pride Stack of 2 pizza ovens $10K, Food inventory on hand ranges from $1,500-$3,000 a week, Central Air condition unit $15,000, Branding/social media/website/logo $2,000, POS system 2 computers and 3 wireless phones $3,000, Outside shed for storage $1,000, Other smaller equipment and misc. $1,500. Located in a busy strip mall on a main road surrounded by affluent neighborhoods. The business is mostly delivery (60%) takeout (30%) and dine in (5%) catering (5%). State of the art POS System with automatic online ordering function, no tablets no hassle. All third party prices are marked up 30%. POS also hosts an online ordering platform which makes up 25% of total sales, orders come in automatically no need to answer phones and take credit cards over the phone customer does all the work. This is the future! Sale includes about 5,000 unique cell phone numbers of customers in our database. These numbers are texted weekly campaigns and promotions. To learn more, please contact the broker Jim Aloi at 631-375-4100.

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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.