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Business for Sale Summary

Landmark Pizza Parlour for sale in Long Island - 34154

Business Type: seller financing available,pizza parlour
Owner Financing
Landmark Pizza Parlour for sale in Long Island
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Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $175,000
Gross Revenues $699,000 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$175,000 Down and Seller will hold a note of $100,000 for 24 months at 7% to a qualified buyer.

Business Description

This 48 year old pizza business is located in a very busy strip mall on Long Island. Rent is just $3,000 a month, with a long lease. Its gross is $699,000 a year, the catering business earns $70,000 a year, separately. A well-known and famous pizza parlour, which is known for its delicious and savory taste, popular in the area. The business has a loyal clientele; a stable cash flow throughout the week. All the employees are willing to stay with a new owner. The seller, due to a domestic reason, wants to sell it, and is willing to finance as well. The seller's net cash flow, after paying all the bills, is over $130,000 a year. Call Syed at 631-374-7686 for more information.

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 registration@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.