|
|
Long Established Pizzeria
Suffolk County, NY |
Listing #20909 |
|
|
|
|
| Financial Information (non-confidential) |
| Asking Price |
$169,000.00 |
Gross Revenues |
$479,263.00 |
| Down Payment |
$99,000.00 |
Owner’s Cash Flow |
$106,557.00 |
|
|
Financing: $99,000.00 Down and $70K over 4 years @ 6%.
Reason for Selling:
Long Established Pizzeria on a very busy road in Suffolk County. This is a prime location. They currently average $10/k per week in sales with a Gross of $520K last year and a Net Income of $106,558. Sales breakdown to 70% take-out and 30% eat-in. They do a strong dinner business (70% of sales) with room to grow for lunch (30% of sales). The current owner lives in Nassau County and is looking to retire. The big pluses here are the very low rent (only $2,488/mth incl. tax and CAM) with a 10 year lease and great parking. The seller can provide all invoices and let a buyer sit on site to verify sales. This is a solid, established pizzeria. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.
|
|
Melvin L. Vaz
Senior Business Broker
|
|
|
Servicing Area:
All of NY
All of NJ
All of CT
All of MA
|
|
|
 |
|
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
