Gold Coast Pizzeria - 36259 Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners,pizza parlour
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $275,000 | Down Payment | $199,000 |
Gross Revenues | $884,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $145,600 | Number of FT Employees | Register Free to View |
Financing
$199,000 Down and $76K over 18 months @ 7%.
Business Description
Gold Coast Pizzeria. Major Price Reduction! Fantastic reviews! Motivated and negotiable seller. This business has become “THE PLACE” in the neighborhood. They have built a solid name and reputation by providing quality food and service. Unfortunately, a partnership split is the motivation for the sale. In the past year the business grossed approx. $884,000 with an owner’s cash flow of approx. $145,600.00. One owner typically comes in daily to oversee the business. They have a full staff with 5 full-timers and 3 part-timers. They are also enrolled with several major delivery apps. The space is 1,800 sf. with a take-out area, separate dining room, and rent of $7,500/mth. That is very reasonable for this high traffic location on the Gold Coast of Nassau County. There are 8 years left on the current lease, but that can be extended for a well-qualified buyer. We are seeking a serious and financially qualified buyer with at least $199K in liquid funds to cover the down payment. The seller will entertain any reasonable offer.
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. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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.
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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