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Business for Sale Summary

Pizzeria with Upside on the Lower East Side - 30380

Business Type: other eating & drinking places,other food stores,restaurant/ cafes,best deals!,new to market,pizza parlour
Pizzeria with Upside on the Lower East Side
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This business has received 78 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $169,000 Down Payment $169,000
Gross Revenues $300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $78,000 Number of FT Employees Register Free to View

Financing

$169,000 Down and Please make your best all-down offer!

Business Description

This may be one of the most tastefully designed, cleanest, and most efficiently-run pizzerias I have ever seen in NYC. All it needs now is a new owner to drive sales and keep the doors open later. This spot is in a hip and ever-gentrifying downtown neighborhood. It can support a pizzeria into the wee hours on Thursdays, Fridays and Saturdays, given the late-night bar and club scene that surrounds it. Right now, it's only open Monday through Saturday, 10am - 9pm, and Sunday, 11am - 8pm. This shop features a workhorse of a Baker's Pride Oven, new Electrolux cheese-maker, classic Hobart dough mixer, new water heater, two refrigerated units, one freezer and much more. Pop-stars are known to frequent here and/or have their drivers swing by to pick up 30-40 pies at a time. So much thought went into this business model, which calls out to be replicated with more company-owned stores or franchised ones. Rent is dirt cheap for this neighborhood. The landlord is easygoing and stands ready to extend the existing lease to a full 10 years. Please be very discreet when visiting, as the employees and customers do not know the business is for sale. If you would like to take the next step, the listing broker, Jay Goldman, will make an appointment for you to meet with the operating partner to answer your questions and show you around. Please call 1-877-735-5224 for further information.

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. kg

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.