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This Business has been Sold!
Closing Date: 04/18/2012
Business for Sale Summary

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
Sold
Pizzeria and Restaurant in Great Location
On April 18th 2012, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of MA
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.

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.