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Business for Sale Summary

Busy Money-Making Midtown East Pizzeria - 28670

Business Type: other eating & drinking places,restaurant/ cafes,best deals!,illness forces sale!,must sell/drastic price reduction!,new to market,seller financing available,pizza parlour
Owner Financing
Busy Money-Making Midtown East Pizzeria
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This business has received 150 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $150,000
Gross Revenues $845,000 Lease Remaining Register Free to View
Owner’s Cash Flow $142,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and Please make you best all-down offer!

Business Description

This Busy Money-Making Midtown East Pizzeria with Huge Upside has been in business since 1972. The seller is exhausted after being on his feet and working long hours in this and other pizzerias over the past 25 years, during which time he put three kids through college. The asking price of just $150K factors in the possibility that you might want to hire a manager should you prefer to work less and that the front end of the store could use a face-lift. You can dramatically increase this pizzeria's internet delivery business, which now only accounts for about 15% of its sales. The seller is doing little to nothing in the way of advertising and social media. How about establishing corporate accounts with the many offices that surround this shop, many of which already order daily over the phone? The $142K in cash flow represented here is what the seller would be making right now had the brand new 10 year lease that the landlord stands ready to offer you already kicked in. Please have excellent credit and a background in either pizzerias or other foodservice business, in order topass muster with the landlord's application process. You wil find 750 sq. ft. at street level that includes the pizza oven, serving counter, glassed enclosed displays, refrigerated storage, a seating area, and full kitchen with roof venting in the rear of the store. There is a half-basement that is currently not in use, but could be. There is so much upside here! Do be very discreet when visiting the location, as the employees and customers do not know it's for sale. Kindly then contact the listing broker, Jay Goldman, should you have any questions and would like to make an appointment to meet with the owner to get a tour of the facilities. Please call 1-877-735-5224 for further 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 listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business.

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.