|
|
Best Pizzeria
Montgomery County, PA |
Listing #15783 |
|
|
|
|
| Financial Information (non-confidential) |
| Asking Price |
$395,000.00 |
Gross Revenues |
$496,600.00 |
| Down Payment |
$195,000.00 |
Owner’s Cash Flow |
$194,799.00 |
|
|
Financing: $195,000.00 Down and 195,000. @ 8.5% X 60 Months
Reason for Selling:Other Interests after many years
Uniquely situated 30 %u2013 80 seat long established pizza restaurant selling 80% Pizza to 20% Sandwiches and other... Enjoys excellent local reputation With 80%... (STRONG - meaning - more profitable) Evening eat in and take out business. Property has down and upstairs seating. Located at intersection of very busy central routes and enjoys a strong office park lunch eat in, take out and delivery business. Build out for 3000 new jobs next door leads to impression, lunch business is set to grow stronger. Owner willing to stay on for contract relationship. Real property also for sale by owner. Sale of real property handled by seller. If evening delivery were started owner claims another 3k per week. Importantly $3,516.00 were paid in triple net taxes in 2009; the new owner will owe approximately the same per year going forward.
|
|
David Bock
Senior Business Broker
|
|
|
Servicing Area:
Montgomery County, PA
Bucks County, PA
Camden County, NJ
New Castle County, DE
|
|
|
 |
|
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. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
