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This Business has been Sold!
Closing Date: 07/09/2018

Business for Sale Summary

Established Pizzeria in Queens County NY - 30734

Business Type: other eating & drinking places,pizza parlour,restaurant/ cafes
Sold
Established Pizzeria in Queens County NY
On July 9th 2018, The Undersigned
Acted as the Advisor to the Deal
Joseph DeGaetano
Joseph DeGaetano Senior Broker
Servicing: Nassau County NY, New York County NY, Queens County NY, Suffolk County NY
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 $189,000 Down Payment $189,000
Gross Revenues $650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $140,000 Number of FT Employees Register Free to View

Financing

$189,000 Down and

Business Description

This pizza restaurant is located in a five-star golden area of Queens, NY. It is grossing $650,000 a year, with a net cash flow, after all payroll and bills are paid, of $140,000. It has a great lease, with nine years left, plus a five-year option. Monthly rent is only $3,175. The store is 950 sq. ft., with a full basement. This is truly a great deal. It has five full-time employees, four part-time employees and three delivery men. Please contact the broker at 1-877-735-5224 for more information.

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. kg

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.