Pizzeria & Restaurant for Sale in New York - 37216

Financing

$250,000 Down and 249,000 for 5 years @ 8%

Business Description

Iconic Italian eatery with a 50-year legacy! This long-established pizzeria and restaurant is located in an affluent area and is available only because the owner is retiring and relocating out of state. The business enjoys low rent with 10 years remaining on the lease. The seller currently nets approximately $4,000 per week while operating just four days a week, leaving significant room for growth for a more hands-on owner. A motivated buyer could easily increase profits by extending hours and streamlining staff and payroll. The business offers both indoor and outdoor seating during the summer months, as well as a bar area. Adding online delivery options such as Uber Eats could further boost sales. Currently, the breakdown of sales is approximately 40% food, 35% pizza, and 25% delivery. This is a rare gem that has been priced to sell and will not last long. For more information or to schedule a meeting, contact broker Jim Aloi at 631-375-4100.

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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.