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Business for Sale Summary

Pizzeria in a Prime Location in Nassau County NY 3 - 32488

Business Type: misc. retail/non-classifiable,other business services,other eating & drinking places,other food stores,restaurant/ cafes/ diners,seller financing available,pizza parlour
Pizzeria in a Prime Location in Nassau County NY 3
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This business has received 28 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $299,000 Down Payment $199,000
Gross Revenues $680,000 Lease Remaining Register Free to View
Owner’s Cash Flow $125,356 Number of FT Employees Register Free to View

Financing

$199,000 Down and $100K over 4 yrs. @ 6%

Business Description

Fantastic Pizzeria in a Prime Location. This is an excellent opportunity for a food service operator or pizza man with experience. This pizzeria is located across from the entrance to one of Nassau County's busiest train stations. The space is 1,100 sq. ft. and comfortably seats 36. There is room for outside seating. Parking is plentiful as well. The business is located in the heart of a truly great town. Many opportunities in this location. Foot and car traffic has to be seen to be believed. In fact, in the past year the business grossed approx. $680,000.00 with a net $125,356.00. This is with part-time oversight from the seller and a full staff. The owner does very little advertising and has a small social media presence. There are 13 years left on the current lease at a rent of $4,682/mth (very fair for this location). We are seeking a serious and financially qualified buyer with at least $216K in liquid funds to cover the down payment and $17K rent security. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only!

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.

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.