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Business for Sale Summary

Lucrative Italian Restaurant & Pizzeria in NY - 35988

Business Type: other eating & drinking places,other food stores,restaurant/ cafes/ diners,owner financing available,pizza parlour
Owner Financing
Lucrative Italian Restaurant & Pizzeria in NY
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This business has received 66 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $895,000 Down Payment $500,000
Gross Revenues $2,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $475,000 Number of FT Employees Register Free to View

Financing

$500,000 Down and Balance for 60 months @ 10%

Business Description

Profitable Italian restaurant and pizzeria in Westchester County, New York now available. Very well established restaurant has served the local community for over 40 years. New owner took over the restaurant a year ago, but due to a family situation has to sell. This restaurant is located near a school and surrounded by local businesses and a big residential community. This restaurant and pizzeria has two separate entrances and two dining rooms. One for the restaurant and one for the pizzeria. Good lease with low rent of $10,000 per month. Proof of funds is required before the address and the name of the business is disclosed. If a buyer is interested in purchasing the property, the seller is open to discussions. Don't miss out, this one will not last! To learn more, please contact the broker Pietro Siciliano at 914-760-5744.

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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.