1. Home
  2. Businesses for Sale
  3. New York
  4. Restaurant/ Cafes/ Diners
This Business has been Sold!
Closing Date: 08/31/2020
Broker: Jim Aloi
Business for Sale Summary

Italian Restaurant & Pizzeria for Sale in NY - 33205

Business Type: pizza parlour,owner financing available,restaurant/ cafes/ diners
Sold
Italian Restaurant & Pizzeria for Sale in NY
On August 31st 2020, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.

Financial Information (non-confidential)

General Information
Asking Price $600,000 Down Payment $250,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $300,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and $250,000 for 5 years @ rate TBD

Business Description

Upscale Italian Restaurant & Pizza Established 10 years located in highly desirable town with great parking.100 seats .This updated cozy restaurant offers a full service beautiful bar and offers a lot of extras including 2 double open pizza ovens. Fully equipped kitchen . Seller will help secure a new 10 years lease with 5 year option. Must see lots of room for growth. Seller ill seller son only works about 30 hours per week. Hands on experienced hard worker buyer will do a better gross and net.Short week end hours 3pm to 9 pm and short week days .qualified buyers only good easy to show numbers. Should be able to obtain lending financing Contact broker Jim Aloi for meeting.. Also includes beautiful full patio. affluent Area white cloth dinning good records. Fabulous seller full staff in place.

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.