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Business for Sale Summary

High Volume Pizzeria w/ Full Cafe Liq. License - 30630

Business Type: bar/tavern/night clubs,other eating & drinking places,other food stores,restaurant/ cafes/ diners,seller financing available,pizza parlour
High Volume Pizzeria w/ Full Cafe Liq. License
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Financial Information (non-confidential)

General Information
Asking Price $395,000 Down Payment $300,000
Gross Revenues $850,000 Lease Remaining Register Free to View
Owner’s Cash Flow $175,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and $95K over negotiable terms.

Business Description

High Volume Pizzeria w/ Full Cafe Liq. License. This is a solid business the needs some TLC. They serve a variety of pizzas, pasta dishes, Italian dishes, grinders and wraps, wings, soups and salads. They carry a (cafe) full liquor license. The restaurant seats 35 in a 1,400 sq. ft. space. They have six HD TVs, but pickup and delivery is a big part of their business (take-out 65%, 25% delivery, 10% dine-in). They have just started working with online ordering in the last year. They have built their business with great food and service and do no advertising. The restaurant sits on a main street in a very nice area, and an equipment list is available upon request. In the past year the business grossed approx. $850,000.00 with a cash flow of approx $175,000.00. They have 7 years left on their lease (can be extended) at a rent of only $2,800/mth. The 1400 sq. ft. space includes 4 utility rooms w/storage. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds to cover the downpayment To learn more, please call 877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY! 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.