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Business for Sale Summary

High Volume Pizzeria for sale in Suffolk - 35229

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,seller financing available,pizza parlour
Owner Financing
High Volume Pizzeria for sale in Suffolk
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This business has received 71 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $399,000 Down Payment $275,000
Gross Revenues $1,040,000 Lease Remaining Register Free to View
Owner’s Cash Flow $182,000 Number of FT Employees Register Free to View

Financing

$275,000 Down and 124k over 3 years 6 %

Business Description

High Volume Pizzeria - N Shore Suffolk. Price Reduced! Fantastic reviews! Recently renovated. Gorgeous. This pizza parlour business boasts consistent gross sales of apprx $20K/wk. They have built a solid name and reputation by providing quality food and service. Beer and wine license included. The owner has branched out into other businesses so time is limited. That is the motivation for the sale. In the past year the business grossed approx. $1,040,000 with an owner’s cash flow of approx. $182,000.00 for an owner-operator. The business has a full staff with 3 full-timers in the kitchen, 1 part-timer manager up front, plus drivers for delivery. The space is 1,500 sf. with a full basement. Rent is only $5,666/mth. That is very reasonable for this high traffic shopping center on the affluent North Shore of Suffolk County. There is great parking as well. There are 15 years left on the currently lease. We are seeking a serious and financially qualified buyer with at least $275K in liquid funds to cover the down payment. 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!

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.