|
|
Italian Restaurant Pizzeria
New York County, NY |
Listing #18242 |
|
|
|
|
| Financial Information (non-confidential) |
| Asking Price |
$400,000.00 |
Gross Revenues |
$1,094,820.00 |
| Down Payment |
$250,000.00 |
Owner’s Cash Flow |
$212,460.00 |
|
|
Financing: $250,000.00 Down and $150,000 @ 8% for 5 years (60 months).
Reason for Selling:Too many restaurants (7). Absentee ownership
This well established Eastside Italian/Pizza restaurant sitting on a hot corner is located near 2 major Hospitals and a 15 Multiplex Theater (200 movie goers pass by every 20 minutes). The front area has a large dining area with a full liquor licence/bar for the fast moving business lunch/evening movie crowd while the large rear dining room accommodates the relaxing dinner patrons. Deliveries are non-stop all day. Currently being run by an absentee owner which will grow rapidly with a hands on owner. 10 year lease is available.
|
|
Marie Goldstein
Senior Business Broker
|
|
|
Servicing Area:
All of NY
All of NJ
All of CT
All of PA
All of OH
All of NC
All of NH
All of ME
|
|
|
 |
|
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 |
