High Volume Pizzeria in New York County, NY 31566 - 31566 Business Type: restaurant/ cafes/ diners,pizza parlour
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $699,000 | Down Payment | $699,000 |
| Gross Revenues | $2,288,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $286,000 | Number of FT Employees | Register Free to View |
Financing
$699,000 Down and None. Price negotiable.
Business Description
High Vol. Pizzeria - Prime location with endless foot traffic. The current owners built this location from scratch less than 1 year ago. They offer a simple menu with tremendous sales of slices and soda. They have been averaging between $22K - $25K/wk in sales, with a projected cash flow of approx. $286,000.00 this year. They are selling due to a partnership split. It is a spacious 1,200 sq. ft. (very large for the area) with 7 years left on the current lease at a rent of approx. $20,000/month with reasonable 3.5% annual increases. They are currently open 7 days/wk from 8am -4am. They also have a beer & wine license. We are seeking a serious and financially qualified buyer with at least $540K in liquid funds to cover the asking price and $40K rent security deposit. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!
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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.
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