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Business for Sale Summary

Pizzeria Restaurant - 37708

Business Type: other eating & drinking places,other food stores,pizza parlour,restaurant/ cafes/ diners
Pizzeria Restaurant
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This business has received 7 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $650,000 Down Payment $650,000
Gross Revenues $1,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $320,000 Number of FT Employees Register Free to View

Financing

$650,000 Down and

Business Description

Well-Established Italian Restaurant & Pizzeria –
Northern Westchester County

This well-known Italian restaurant and pizzeria has proudly served the Northern Westchester County community for over 50 years. After decades of success, the owner has decided to retire, creating an outstanding opportunity for a new owner.

The restaurant features three spacious dining rooms, a dedicated pizzeria area, and outdoor dining for the summer season. The business is currently operated only four days a week, serving lunch and dinner, leaving significant room for growth.

The business currently generates approximately $40,000 per week. A hands-on owner or experienced operator who expands the business to six days a week could potentially increase weekly sales to between $55,000 and $60,000 per week or more.

The lease offers excellent terms with a 10-year lease, no rent increase for the first two years, followed by a 3% annual increase, plus applicable real estate tax increases. The property also offers ample parking for customers.

This business is ideal for either an owner-operator or an absentee owner with strong management.

An additional opportunity is available for buyers interested in real estate ownership. The business may be purchased together with the property, or the buyer may negotiate an option to purchase the property at a future date. The sale price of the property is to be determined.

Don’t miss this exceptional opportunity!

For more information, please contact:
Pietro Siciliano
Business Broker
914-760-5744

Proof of funds is required prior to scheduling a confidential showing.



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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.

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