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Business for Sale Summary

Pizzeria Restaurant For Sale - 31040

Business Type: restaurant/ cafes,absentee business,best deals!,pizza parlour
Pizzeria Restaurant For Sale
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Financial Information (non-confidential)

General Information
Asking Price $499,000 Down Payment $299,000
Gross Revenues $1,600,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$299,000 Down and $200,000 for 5 years @ 7%.

Business Description

Fabulous Italian restaurant and pizzeria for sale. This restaurant is 4,000 sq. ft. and seats 100 customers. This business is 100% absentee and nets $200,000. Established for 30 years with a 16 year lease. Located in a busy major shopping center with great parking exposure, with a great landlord. The management and full staff is in place. The seller states that a hands on operator can easily build present sales in the restaurant and bar and can also build an on and off premise catering business to increase growth. According to the seller, if he was hands on with the business, he would net over $300,000. The restaurant has 6 ovens plus a brick oven, outside legal storage, private office, 7 point of sale terminals, 24 hour video surveillance cameras. Full liquor license in place with full separate bar. The business has 4 beers on tap. Walk in refrigerator plus freezers. Don't miss this opportunity, please contact the broker at 1-877-735-5224.

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. PM

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.