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Business for Sale Summary

Gold Coast Pizzeria - 36259

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners,pizza parlour
Owner Financing
Gold Coast Pizzeria
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This business has received 58 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $299,000 Down Payment $199,000
Gross Revenues $884,000 Lease Remaining Register Free to View
Owner’s Cash Flow $145,600 Number of FT Employees Register Free to View

Financing

$199,000 Down and $100K over 18 months @ 7%

Business Description

Gold Coast Pizzeria. Fantastic reviews! This business has become “THE PLACE” in the neighborhood. They have built a solid name and reputation by providing quality food and service. Unfortunately, a partnership split is the motivation for the sale. In the past year the business grossed approx. $884,000 with an owner’s cash flow of approx. $145,600.00. One owner typically comes in daily to oversee the business. They have a full staff with 5 full-timers and 3 part-timers. They are also enrolled with several major delivery apps. The space is 1,800 sf. with a take-out area, separate dining room, and rent of $7,500/mth. That is very reasonable for this high traffic location on the Gold Coast of Nassau County. There are 8 years left on the current lease, but that can be extended for a well-qualified buyer. We are seeking a serious and financially qualified buyer with at least $199K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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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.