High Volume Pizzeria in a Major Shopping Center - 35406

Financing

$250,000 Down and $100K over 3 yrs. @7%.

Business Description

Spacious Pizzeria and Restaurant in a Major Shopping Center. Established 13 years ago, this is a prime location in a high traffic north shore, Suffolk County shopping center with over 200 parking spaces. The restaurant is a spacious 2,850 sq. ft. (with a partial 450 sq. ft. bsmt.) and offers 65 seats with 6 booths in the front of the store and a private dining room in back with seating for 40. The back room is also used for private parties. There are 18 yrs. (8 plus 10) left on the current lease at a rent of $6,500/mth (incl. CAM and taxes). They currently average approx. $19,500/wk in sales with gross sales of $1,012,343.00 (not including catering) in the past year, approx. 41% take-out, 34% delivery, only 12.5% in the dining room and the rest in quick-serve in the front 10.5%) and a net profit of approx. $170,000.00. They have a full-liquor license. The business is fully staffed with 4 full-time and 9 part-time employees. We are seeking a serious and financially qualified buyer with at least $250K in liquid funds to cover the down payment, plus additional working capital. To learn more, please call, text or email Mel Vaz today at 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!

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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.