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Business for Sale Summary

Pizza & Seafood - 27723

Business Type: fast food franchise,other eating & drinking places,pizza parlour,restaurant/ cafes
Pizza & Seafood
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This business has received 67 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $85,000 Down Payment $85,000
Gross Revenues $410,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View

Financing

$85,000 Down and

Business Description

Popular take out fish and pizza, fast-food style restaurant for sale with property. This 2000 sq. ft. spot has been established 10 years. It is located close to colleges, government buildings and medical centers. This restaurant does tons of deliveries. It is very profitable, with a low overhead and great lease. A buyer can add seats, a larger selection of foods, and extended hours. Their present menu consists of pizza, Philly cheese steaks, fried fish, shrimp and fresh fish items. Note that this business is available with property, through seller. Real estate is available for an additional $400,000 (restaurant and three apartments- all included). Total rent, once everything is rented, will bring in an income of $4,000 per month. Seller may hold mortgage. Real estate taxes are only $3k/yearly. Seller will consider renting the restaurant for $1750 per month, separately, or purchase all for $490,000. Restaurant was just taken back over by landlord-seller, as last buyer could not handle business, due to lack of experience. Call today for more 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 Brokers. kg

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.