Famous Pizza Business For Sale in NY - 34587 Business Type: absentee business,other eating & drinking places,restaurant/ cafes/ diners,owner financing available,pizza parlour
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $175,000 | Down Payment | $125,000 |
| Gross Revenues | $728,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $78,000 | Number of FT Employees | Register Free to View |
Financing
$125,000 Down and A note for $50k at 6% for 36 months.
Business Description
A 30 years old famous pizza business is located in a busy neighborhood in Queens. The business is situated at a very busy and hustling strip mall.The surrounding area is rich and affluent; therefore, the profit margin is very high. The business is known for its mouth-watering pizza and the other delicious dishes. Also has a seating arrangement. The delivery orders are continuous and persistent. Rent is $6500 a month, with a 15 years lease. It is 100 % absentee. The seller owns another business which makes him seriously occupied to run that business. Seller's financing is available. An excellent location, an opulent neighborhood and the seller is willing to finance. The seller's net cash flow, after paying all the expenses, is over $78,000 a year. Call Syed at 631-374-7686 for more information.
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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.
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