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This Business has been Sold!
Closing Date: 02/28/2020
Business for Sale Summary

Established Pizzeria in Suffolk County - 32086

Business Type: restaurant/ cafes/ diners,owner financing available,pizza parlour
Sold
Established Pizzeria in Suffolk County
On February 28th 2020, The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
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 $299,000 Down Payment $200,000
Gross Revenues $780,000 Lease Remaining Register Free to View
Owner’s Cash Flow $182,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and 99K at 7% over 36 months

Business Description

Make an Offer! This Business has been in the family for 47 years. They do not deliver and do not advertise. Business is grossing 780,000 a year catering of about 75m to 80 m a year. Owners cash flow after all bills and payroll are paid is 3,500 a week. and 182,000 a year (over $200,00 a year net with the catering.) This store has a great lease 2,700 a month which includes taxes and garbage. Has 18 years remaining on current lease . Store has an excellent location. Act Now! Set yourself up for life. This Store will not last! Also Business Next door is going out, The store is 1000sq ft. with a rent 1,500 a month, You can expand and make a bigger dining room.

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.

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.