Immaculate Pizzeria - 18756 Business Type: other eating & drinking places,pizza parlour,restaurant/ cafes/ diners,misc. retail/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $225,000 | Down Payment | $125,000 |
| Gross Revenues | $670,968 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $131,768 | Number of FT Employees | Register Free to View |
Financing
$125,000 Down and $100K over 4 yrs. @8%
Business Description
Immaculate Pizzeria on major roadway in Suffolk County. Just take a look at the pictures attached to this profile. This place is spotless. It has been a local favorite for the past 12 years (4 years with the current owner). The owner has put it on the market as he is planning to move. They mainly focus on pizza & heroes for lunch and dinner (take-out & delivery). There is tremendous room for growth and expansion within the location and menu. It is a spacious 2,300 sq. ft. with a full kitchen and seating for 25. There is space to expand the seating area to create a dining room. In addition, the business currently offers a limited menu that could be expanded to include more dinners and catering (which in currently non-existent). All current sales are cash. A new owner could add credit card sales. In the past 12 months the business grossed approx. $780,000.00 (that's an average of $14K per week. This is a $1,200 a week increase in sales over 2007) with a Net Income of approx. $131,000.00 to the current owner. These are solid numbers that can be grown. You must see this location to see what I am talking about. Call me today for an appointment!
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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