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Financing: $150,000.00 Down and $75k over 3 years at 5%. Negotiable. Reason for Selling:Family illness. Fantastic Pizzeria with guaranteed off premise catering! Major Price Reduction due to Illness! Rent of only $2,500/mth! This 3,500 sf space is in excellent condition and meticulously maintained.
They have numerous 5-star reviews! This pizza and bistro is located on the border of a high traffic industrial area, hotels, major highways, small businesses, and surrounded by the residential area between two large towns.
The rent is ONLY $2500/mth with a 10-year lease. That is unheard of in today’s market. They serve breakfast, lunch, and dinner 6 days a week.
There is an opportunity for growth by opening on Sundays. Gross revenue includes a sought after, high margin, off-premises catering contract for large commercial businesses.
It offers guaranteed revenue. For 2024 it is projected that this catering will generate nearly $100K in revenue at 70% margins with only 4 events per month.
There is demand for more events each month and to create more concepts and increase revenue. This is why the 2024 projected cash flow of $169K is so high relative to sales of $546K.
The restaurant includes new furniture, equipment, sound system, security cameras, two POS, new outdoor décor and design, and a robust website. 5 parking spots are assigned to the business with two shared spots.
They are fully integrated with major delivery partners. The owner will provide recipes, catering contacts and will onboard the new owner.
The owners are selling due to a family health situation. We are seeking a serious and financially qualified buyer with at least $150K in liquid funds.
Proof of funds will be requested prior to meeting with the owner. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. 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. |
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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. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |