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Business for Sale Summary

High Volume Pizzeria for Sale in NY - 33238

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,seller financing available,pizza parlour
High Volume Pizzeria for Sale in NY
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This business has received 67 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $525,000 Down Payment $350,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $210,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and $175K over 3 yrs. @ 6%

Business Description

High Volume Pizzeria in Prime Location. This business is just steps away from a major University and surrounded by residential homes and apartments. They have been established for 11 years and offer eat-in, take-out and delivery (each makes up approx. 33% of the business). In the past year the business grossed approx. $1,300,000 ($25K/wk average sales) with a net profit of approx. $210,000.00. They have a full staff of 6 F/T and 4 P/T employees. An owner can act in a management capacity, but industry experience is a definite plus. There are 14 years left on the current lease with a rent of $8,000/mth for a prime corner location. The store is 1,050 sf. with a full 1,050 sf. basement. The location is fully equipped. We are seeking a serious and financially qualified buyer with at least $350K in liquid funds to cover the down payment. Proof of funds will be requested prior to meeting with the owner. 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.