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Business for Sale Summary

Pizza Parlour for sale in Bronx County - 33706

Business Type: must sell/drastic price reduction!,other eating & drinking places,restaurant/ cafes/ diners,seller financing available,pizza parlour
Owner Financing
Pizza Parlour for sale in Bronx County
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This business has received 16 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $160,000 Down Payment $110,000
Gross Revenues $310,000 Lease Remaining Register Free to View
Owner’s Cash Flow $55,000 Number of FT Employees Register Free to View

Financing

$110,000 Down and $40,000 at 6% over 3 years

Business Description

Right in the Bronx, this pizzeria has been in business for more than 40 years! A well-established reputation in a great, busy area. This owner operated pizzeria is ready for a new owner after a long, continuous run. If you know how to make pizza, that's even better. The seller is the main cook, makes the pizzas and sauce, and has one helper. This is a very simple operation that can be turned into a much larger one. There is a very limited menu. No seafood, NO DINNERS. The pizzeria closes early. The seller has always closed early as a personal lifestyle choice, meaning anyone who stays open later will immediately grow sales. There is no online ordering or delivery services. All orders are made by phone. Massive opportunity here! This pizzeria has maintained school and hospital accounts for decades. Great reviews online. Seats over a dozen people. The location is right on a busy corner with a ton of traffic. A redesign of the place could be a massive way to appeal to a new generation of customers looking for trendy pizza places. The landlord will offer a favorable lease for the location, that you can't beat in the Bronx! Owner will stay on for a smooth transition. Seller is willing to hold a note. Contact Boris Teodoro for more information at 1-877-735-5224.

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.