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Business for Sale Summary

Pizza Parlor and Restaurant in MA - 33720

Business Type: pizza parlour,restaurant/ cafes/ diners,delicatessen/catering services
Owner Financing
Pizza Parlor and Restaurant in MA
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This business has received 41 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $105,000 Down Payment $60,000
Gross Revenues $260,000 Lease Remaining Register Free to View
Owner’s Cash Flow $40,000 Number of FT Employees Register Free to View

Financing

$60,000 Down and $45,000 at 6% for 24 months - no payment for 3 months

Business Description

In a short period of time this neighborhood Greek style pizza business has established a truly stellar reputation with online comments like "simply the best in town"! Developed a reputation for quality fresh, made to order food and good customer service! Located in a small strip mall with plenty of parking. Previous owner was only doing about $2500 p/week. This new owner invested in new equipment, including; an electronic menu board, updated POS, new freezers, and prep tables. Also expanded menu with Brazilian food and now also roasts the roast beef in house and slices it to order to maintain their reputation for great quality food and customer service. Done extensive social media marketing, including mailing menus. Does catering and delivery. Previously had a more robust lunch sales prior to the pandemic and was doing $7500 per week. Is heavily staffed as owner not here full time. Cash flow is based on being owner managed and eliminating one full time employee! This is a true turn key operation for an owner operator plus seller financing available AND NO payments for 3 months AND a great long term lease! Just waiting for a new owner to take over for a quick and easy transition. Won't last long!

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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.