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Business for Sale

Gold Coast Pizzeria
Nassau County, NY

Listing #36259

   
Financial Information (non-confidential)
Asking Price $299,000.00 Gross Revenues $884,000.00
Down Payment $199,000.00 Owner’s Cash Flow $145,600.00

Financing: $199,000.00 Down and $100K over 18 months @ 7%.

Reason for Selling:Partner Split

Gold Coast Pizzeria. Major Price Reduction! Fantastic reviews! Motivated and negotiable seller. 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 $7,000/mth. That is very reasonable for this high traffic location on the Gold Coast of Nassau County. There are 5 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. The seller will entertain any reasonable offer. 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!

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.
Melvin L. Vaz
Senior Business Broker
631-909-1095
melvaz@vestedbb.com
Servicing Area:
All of NY
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Melvin L. Vaz

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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