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Business for Sale Summary

Pizzeria for sale in Nassau County - 33676

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,owner financing available,pizza parlour
Owner Financing
Pizzeria for sale in Nassau County
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This business has received 206 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $179,000 Down Payment $120,000
Gross Revenues $553,000 Lease Remaining Register Free to View
Owner’s Cash Flow $72,190 Number of FT Employees Register Free to View

Financing

$120,000 Down and $59K over 4yrs. @ 0%

Business Description

Fantastic Pizzeria on Main Street. Price Reduced! This is an excellent opportunity for a food service operator or pizza man with experience. This pizzeria is exactly the type of quick-serve, low-overhead business you are seeking in the Covid market. The space is 1,100 sq. ft. There is room for outside seating. Parking is plentiful as well. The business is located in the heart of a truly great town. Many opportunities in this location. Foot and car traffic has to be seen to be believed. In fact, in the past year the business grossed approx. $553,000.00 with a net $72,190.00. This is with part-time oversight from the seller and a full staff. The owner does very little advertising and has a small social media presence. There are 13 years left on the current lease at a rent of $4,682/mth (very fair for this location). We are seeking a serious and financially qualified buyer with at least $137K in liquid funds to cover the down payment plus $17K rent security. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only!

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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.