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Business for Sale Summary

Gourmet Pizzeria - Absentee Owner - 33805

Business Type: absentee business,misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,seller financing available,pizza parlour
Owner Financing
Gourmet Pizzeria  - Absentee Owner
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This business has received 47 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $165,000 Down Payment $165,000
Gross Revenues $350,000 Lease Remaining Register Free to View
Owner’s Cash Flow $50,000 Number of FT Employees Register Free to View

Financing

$165,000 Down and Possible for a well qualified buyer with good credit and a PG.

Business Description

Gourmet Pizzeria - Absentee Owner. Steal of a Deal! This business has become the go-to spot for the best pizza in town. They have been highly rated on Yelp and Zagat's. Established for over 12 years, they have built a reputation based on quality and freshness. The space is fully equipped and well maintained. They are in a densely populated area at the foot of a 54 unit luxury apartment complex. The location is near several major landmarks, theaters, schools and universities. Please note that the theater has re-opened for 2021, the schools and universities are also back in full session. The space is 2,200 sf. with a license for an additional 12 outdoor seats. The RENT IS ONLY $2,175/mth. with 7 years left on the current lease. Pandemic 2020 gross sales were approx. $350,000.00 (higher than 2019) with an owner's cash flow of approx. $50,000. That $50K is based on full-absentee ownership, after paying all overhead including a full-time manager and staff. A new owner can continue this way or come in as a hands-on owner and reduce payroll immediately. The location is currently BYOB, but a full liquor license can be obtained. They are currently open only 6 days, closed on Monday. All logos and artwork are trademarked and included in the sale price. We are seeking a serious and financially qualified buyer with at least $165K in liquid funds to cover the asking price and inventory. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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.