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This Business has been Sold!
Closing Date: 01/30/2020
Business for Sale Summary

High Profit Pizzeria For Sale in Bronx County, NY - 32035

Business Type: must sell/drastic price reduction!,other eating & drinking places,other food stores,restaurant/ cafes/ diners,pizza parlour
Sold
High Profit Pizzeria For Sale in Bronx County, NY
On January 30th 2020, The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
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.

Financial Information (non-confidential)

General Information
Asking Price $100,000 Down Payment $75,000
Gross Revenues $408,000 Lease Remaining Register Free to View
Owner’s Cash Flow $125,000 Number of FT Employees Register Free to View

Financing

$75,000 Down and $25,000 over 18 months at 7%

Business Description

A high-profit pizzeria located near Little Italy and the Bronx Zoo in a high-density location. In business for 4 years, all equipment is in great condition (walk-in freezer, burner, deep fryer, and pizza oven, etc). The store is clean, has a nice ambiance for eating in, seats 18 people, but most of the food is take-out or deliveries. Painted brick walls inside, not a cheap looking pizza place. Store is just under 1,000ft2 and the basement is slightly bigger. Flexible landlord can extend the current lease and even lease you the space next door. Another 1,200ft2 to have a lot more seating, or open a complimentary business like gelato, etc. The possibilities would then be endless. Currently only sells pizza, pasta, and chicken. High margin food, no fish at all. Most of the revenues are sales tax exempt as well. 2 full-time employees, a part time employee, and a delivery driver run the show. As an owner-operator you stand to raise the cashflow even more. Owner is not able to dedicate too much time to this business now. CONSIDERABLE SELLER FINANCING AVAILABLE. SELLERS WILLING TO HEAR REASONABLE OFFERS. Provable numbers. For more information please call Boris Teodoro at 646-457-6591 or email at bteodoro@vestedbb.com Seller will entertain all available offers. 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.