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Business for Sale Summary

Famous Pizza Business for sale in NY - 34587

Business Type: other eating & drinking places,restaurant/ cafes/ diners,seller financing available,pizza parlour
Famous Pizza Business for sale in NY
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This business has received 49 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $125,000
Gross Revenues $728,000 Lease Remaining Register Free to View
Owner’s Cash Flow $78,000 Number of FT Employees Register Free to View

Financing

$125,000 Down and A note for $50k at 6% for 36 months.

Business Description

A 30 years old famous pizza business is located in a busy neighborhood in Queens. The business is situated at a very busy and hustling strip mall.The surrounding area is rich and affluent; therefore, the profit margin is very high. The business is known for its mouth-watering pizza and the other delicious dishes. Also has a seating arrangement. The delivery orders are continuous and persistent. Rent is $6500 a month, with a 15 years lease. It is 100 % absentee. The seller owns another business which makes him seriously occupied to run that business. Seller's financing is available. An excellent location, an opulent neighborhood and the seller is willing to finance. The seller's net cash flow, after paying all the expenses, is over $78,000 a year. Call Syed at 631-374-7686 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.

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.