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Business for Sale Summary

Modern Pizzeria - 32312

Business Type: pizza parlour
Modern Pizzeria
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This business has received 38 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $100,000 Down Payment $75,000
Gross Revenues $260,000 Lease Remaining Register Free to View
Owner’s Cash Flow $85,460 Number of FT Employees Register Free to View

Financing

$75,000 Down and balance at 6.5% over 36 months

Business Description

Modernized pizzeria featured in a busy strip mall for sale. Located next to a very popular farmer's market, in a community oriented town, the pizzeria is subject to a great deal of foot traffic. There is a nice sized seating area that can comfortably accommodate 35 to 40 patrons. Most of the business currently being garnered is both takeout and delivery. The owner has been there 65 years, and he is selling due to family obligations. Located very close to the train this eatery attracts many commuters on a daily basis as well. There is both new and refurbished equipment. The owner has spent a great deal of money keeping up all of the equipment and getting over $20,000 in repairs. The walk in is all new. 10 foot hood and two pizza ovens that are ready for use. Landlord is friendly. If catering was promoted and more advertising was done, profits would increase substantially. Business is being sold well below cost, as the owner wants to sell very quickly. This will not last. Call Vanessa Kieffer at 973-727-0219 for further details. 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.