|Financial Information (non-confidential)
||Owner’s Cash Flow
Financing: $1,000,000.00 Down and $500,000.00 in seller financing may be
made available to qualified buyers
Reason for Selling:Retirement
After 17 years at this Prime Manhattan Corner Location,
the Semi-Absentee Owner of this Very Successful Brick
Oven Pizzeria is finally ready to sell. Anyone experienced
in the pizzeria business will quickly realize that this place
is already a gold mine that can do even better with a new
more hands on owner. The current owner has kept it really
simple: Top-Notch Thin Crust Pizza (slices & pies), sodas,
salads, parmigiana heroes, and calzones. There's room in
the back to add a stove/oven and a venting duct to the roof
is already in place, should you want to expand the menu.
There are 16 years left on the lease and No Demolition Clause.
The rent escalates at just 3% per year. In-store sales account
for about 75% of gross revenues; internet delivery orders the
other 25%. Roughly two thirds of in-store sales are made on
credit cards; the other 1/3 in cash. Payroll consists of 12 full-time
employees for a total of $7,000/week. Open until 2am on
Thursdays and 4am on Friday and Saturdays, it's safe to say
that this place attracts a late night crowd in this young and
affluent neighborhood. The daytime sees lots of deliveries
made to corporate accounts, local schools, churches, and a
major hospital nearby. The high rise residential building that's
about to go up on another corner of the same block will first
bring hundreds of construction worker to this pizzeria and then
thousands of new residents. Do be very discreet when visiting
this location, as the employees and customers do not know it is
for sale. Then, contact the listing broker, Jay Goldman, to make
an appointment to speak with the seller and get a full tour of the
facilities. Mr. Goldman can be reached at email@example.com.
Please first go to www.vestedbb.com to become a free registered buyer
under listing 28629, if you are new to Vested Business Brokers.
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 firstname.lastname@example.org or call us at 1-877-735-5224 to discover the difference that is Vested Business.
Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.