High Volume Pizzeria - Grossing Over $23K/wk - 37610

Financing

$250,000 Down and $115,000 over 24 months @ 0%

Business Description

HIGH VOLUME PIZZERIA – OVER $1.2M GROSS SALES
ABSENTEE OWNER • LOW RENT • SELLER FINANCING AVAILABLE

Exceptional opportunity to acquire a high-volume, well-established pizzeria located in the center of a massive shopping center with parking for over 1,000 vehicles.

This 1,800 sq. ft. store is consistently grossing between $23,000–$27,000 per week, with documented gross sales of approximately $1.2 million over the past 12 months. The business operates with an absentee owner and a fully staffed team already in place, making this an ideal opportunity for either an experienced operator or a hands-on family business.

A qualified owner-operator, especially a working pizza man, has the potential to significantly increase net income by replacing payroll and improving operational efficiencies. Estimated Seller’s Discretionary Earnings for a hands-on operator are approximately $208,000 annually.

BUSINESS HIGHLIGHTS
• High visibility location in a major shopping center
• Parking for over 1,000 cars
• Consistent weekly sales of $23K–$27K
• Approximately $1.2M gross sales annually
• Low rent of only $5,200/month including CAM and taxes
• 7 years remaining on current lease
• Extension available for a qualified buyer
• POS system in place
• Solid books and records
• Receipts and invoices available for verification of financials over the past 18 months
• Fully staffed operation with experienced employees
• Absentee ownership, currently.

STAFFING
• 1 Full-Time & 1 Part-Time Pizza Man
• 1 Full-Time & 1 Part-Time Cook
• 2 Part-Time Kitchen Prep Employees
• 8 Part-Time Counter Employees

FAVORABLE DEAL TERMS
The owner is highly confident in the strength and stability of the business and is offering attractive seller financing:

Asking Price: $365,000
Down Payment: $250,000
Seller Financing: $115,000 over 24 months at 0% interest

BUYER REQUIREMENTS
Serious and financially qualified buyers only.
A minimum of $250,000 in liquid funds is required.

Proof of funds will be requested prior to scheduling a buyer-seller meeting.

CONFIDENTIAL SALE
All inquiries and discussions are strictly confidential.

Please do not speak with employees, customers, or neighboring businesses regarding the sale. All showings are by appointment only.

For additional information, contact:

Mel Vaz
631-767-0157
melvaz@vestedbb.com

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.