Absentee-Run Large Pizzeria Restaurant on UES - 25839 Business Type: other eating & drinking places,other food stores,pizza parlour,restaurant/ cafes/ diners,must sell/drastic price reduction!,absentee business,owner financing available
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $100,000 | Down Payment | $50,000 |
| Gross Revenues | $434,800 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $62,768 | Number of FT Employees | Register Free to View |
Financing
$50,000 Down and $50,000 in seller financing is available to buyers with good credit
Business Description
MUST-SELL! Just Reduced Asking Price to $100K with Only $50K Down. Spacious Absentee-Run Pizzeria Restaurant on Manhattan's Upper East Side near FDR entrance/exit. In business since 1982, the store was renovated and re-opened under a new name last year. There are more than 14 years left on the lease for 1,275 square feet at street level and another 600 square feet upstairs for storage. Rent is only $8,155/month and goes up a mere 2% each year. A lot of growth lies ahead from Seamless and GrubHub deliveries to be had in this densely populated and underserved neighborhood. The seller will entertain all offers. Please become a premium member at www.vestedbb.com to receive the address for a discreet visit as a customer, then email or call Senior Vested Business Broker Jay Goldman (jaygoldman@vestedbb.com or 1-646-670-1961) for an appointment to take a full tour and speak with the seller.
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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