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This Business has been Sold!
Closing Date: 03/03/2011
Business for Sale Summary

Italian Restaurant Pizzeria - 18242

Business Type: pizza parlour,restaurant/ cafes/ diners
Italian Restaurant   Pizzeria
On March 3rd 2011, The Undersigned
Acted as the Advisor to the Deal
Marie Goldstein
Marie Goldstein Senior Broker
Servicing: All of NY
All of NJ
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Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $250,000
Gross Revenues $1,094,820 Lease Remaining Register Free to View
Owner’s Cash Flow $212,460 Number of FT Employees Register Free to View


$250,000 Down and $150,000 @ 8% for 5 years (60 months).

Business Description

This well established Eastside Italian/Pizza restaurant sitting on a hot corner is located near 2 major Hospitals and a 15 Multiplex Theater (200 movie goers pass by every 20 minutes). The front area has a large dining area with a full liquor licence/bar for the fast moving business lunch/evening movie crowd while the large rear dining room accommodates the relaxing dinner patrons. Deliveries are non-stop all day. Currently being run by an absentee owner which will grow rapidly with a hands on owner. 10 year lease is available.

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.