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Business for Sale Summary

Pizzeria Restaurant - 20262

Business Type: seller financing available,special situations,new to market,retailing businesses,pizza parlour,restaurant/ cafes
Owner Financing
Pizzeria Restaurant
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This business has received 19 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $87,500
Gross Revenues $550,000 Lease Remaining Register Free to View
Owner’s Cash Flow $142,023 Number of FT Employees Register Free to View

Financing

$87,500 Down and 87,500 @6.5% over 5 years

Business Description

Fresh and modern pizzeria restaurant located in a strip mall on a major road. Seats 23 inside plus 4 outside. Entire building was renovated only 6 years ago. Premises include a full basement. Major equipment includes 12 pie Bari oven, 6 burner stove, 60 quart mixer and integrated point of sale system. Other equipment includes 1 six foot hood, 1 ten foot hood, a double fryer, a 12 inch grill and programmable TurboChef equipment. Strong business established for 3 years includes 200 deliveries per week. 20% lunch and 80% dinner. 70% pizza and 30% entrees. The business is part of a cooperative group of pizzerias, so this is an excellent opportunity for someone with good business skills to step in and take over a proven business with the strong support of the cooperative group in terms of food cost management, menu organization, standardized food preparation, coordinated marketing and shared advertising. This is not a franchise, so the cooperative fee is minimal. SELLER FINANCING AVAILABLE FOR A QUALIFIED BUYER. Make your inquiry now to learn the exciting details!

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.