Long Established Pizzeria - 20909 Business Type: owner financing available,pizza parlour,restaurant/ cafes/ diners,misc. retail/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $169,000 | Down Payment | $99,000 |
| Gross Revenues | $479,263 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $106,557 | Number of FT Employees | Register Free to View |
Financing
$99,000 Down and $70K over 4 years @ 6%.
Business Description
Long Established Pizzeria on a very busy road in Suffolk County. This is a prime location. They currently average $10/k per week in sales with a Gross of $520K last year and a Net Income of $106,558. Sales breakdown to 70% take-out and 30% eat-in. They do a strong dinner business (70% of sales) with room to grow for lunch (30% of sales). The current owner lives in Nassau County and is looking to retire. The big pluses here are the very low rent (only $2,488/mth incl. tax and CAM) with a 10 year lease and great parking. The seller can provide all invoices and let a buyer sit on site to verify sales. This is a solid, established pizzeria. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.
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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