High Volume NYC Pizzeria - 16657 Business Type: owner financing available,other eating & drinking places,other food stores,restaurant/ cafes/ diners,misc. retail/non-classifiable,pizza parlour
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $310,000 | Down Payment | $160,000 |
| Gross Revenues | $623,042 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $129,898 | Number of FT Employees | Register Free to View |
Financing
$160,000 Down and $150K over 4yrs. @ 7%.
Business Description
High Volume NYC Pizzeria. This is a beautiful store with new floors and granite counter tops. They specialize in lunch business, mainly pizza & soda. This is quick in and out business and delivery to local businesses. There is a simple menu that is easy to manage. There is seating for 20, although this business does not really serve large sit down meals. A new owner can add this to the business if they would like. You can also add beer. In 2009 this business grossed approx. $676,000.00 with a net income of approx. $129,898.00. This business has 10 year lease with only 3% rent increases. The current owner is looking to sell as he owns several other businesses. He currently runs this business part time. This is a great deal that will not last. We are looking for serious and financially qualified buyers with experience in the industry. If you meet the criteria call or email Mel Vaz today at 631-909-1095 or mvaz@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.
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