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Business for Sale Summary

Landmark Neighborhood Pizzeria - 34766

Business Type: absentee business,misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,seller financing available,pizza parlour
Owner Financing
Landmark Neighborhood Pizzeria
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This business has received 49 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $120,000
Gross Revenues $600,000 Lease Remaining Register Free to View
Owner’s Cash Flow $80,000 Number of FT Employees Register Free to View

Financing

$120,000 Down and $59K over 4 yrs. @ 6%.

Business Description

Landmark pizzeria in busy shopping center. Price Reduced! This business is a local treasure. It offers its famous pizza, over 20 variety of pasta dishes, and a large selection of Italian hot heroes. The store is a spacious 2500 sq. ft. with ample seating and a full kitchen. They have a parking lot in front and back of the building, with over 200 spaces. The lease has 10 years remaining and a rent of $4200/month. The business has been here for over 35 years. In the past year, the business grossed approx. $600,000.00, with a net income of approx. $80,000.00 for a very part-time owner. The business has a full staff with one cook, one pizza man and one counter person. It is priced very fairly for a quick sale. We are seeking a serious and financially qualified buyer with at least $120K 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.