Pizzeria and Restaurant in Great Location - 20231 Business Type: owner financing available,other eating & drinking places,other food stores,pizza parlour,restaurant/ cafes/ diners,misc. retail/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $140,000 | Down Payment | $90,000 |
Gross Revenues | $552,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $128,270 | Number of FT Employees | Register Free to View |
Financing
$90,000 Down and 50k over 3 years @ 7%
Business Description
Pizzeria and Restaurant in Great Location. This is a beautiful 1800 sq. ft store right in the middle of a large shopping center on a major Suffolk County Roadway. Sales last year were approx. $598,000 ($10,000 - $11,000 per week) with a Net Income of appox. $97,070.00. 60% of sales come from take-out orders. The rest from sit-down meals in the nicely appointed dining room that seats 50. Roughly 70% of sales come from Dinner vs. Lunch. This is an ideal family business. Call or email Mel Vaz today to learn more at 631-909-1095 of mvaz@vestedbb.com.
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.
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