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Business for Sale Summary

Long Established Pizzeria for Sale in New York - 35830

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,owner financing available,pizza parlour
Owner Financing
Long Established Pizzeria for Sale in New York
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This business has received 137 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $450,000 Down Payment $300,000
Gross Revenues $1,191,010 Lease Remaining Register Free to View
Owner’s Cash Flow $175,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and $150K over 3 yrs. @ 7%

Business Description

Long Established Pizzeria - Over $20K Weekly Gross. Divorce forces sale. Located on a major roadway in Nassau County. The same owner has been here for over 10 years. The store is 1,300 sq. ft. with seating for 20 and a full 1,300 sq. ft. basement. The rent is only $3,198/ MTH. with 3.5 years left on the current lease. A well-qualified buyer can easily negotiate a new lease or lease extension. It is a corner location with plenty of street parking. They have room for outdoor seating and a sliding window (with C/O) for the sale of Italian Ices, Ice cream, slices, etc. This is turn-key for an operator with some experience. All equipment is well- maintained and the store has been renovated over the past few years. Garbage is free pick-up from the town. This is ideal for a pizza man/woman or a family. In the past year the business grossed approx. $1,191,010 (40% delivery) with a cash flow of $175,000 for an owner operator. They currently average over $20K/wk in sales. All deliveries are made with their own drivers. They do not use any delivery apps. The business is fully staffed with 15 part-time employees. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds to cover the down payment, plus additional working capital and rent security. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! To learn more, please contact the broker Mel Vaz at 631-909-1095.

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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.