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Asking Price$375,000
Revenue$1,198,157 EstablishedUndisclosed
Cash Flow$150,000 Employees7 full, 10 part
FF&E$250,000 FranchiseNo
Inventory$6,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
High volume pizzeria and restaurant averaging $25K per week in sales. Located in a very unique shopping enter right off the LIE with great parking. Current owners built this store themselves 5 years ago. All equipment is only 5 years old and in excellent shape. They have a great lease with 11 years remaining and 3% rent increases EVERY 5 YEARS! Seating available for 90 and a bar. Currently they have a beer and wine license but a full liquor license can be obtained. In the past year they grossed approx. $1,300,000.00 with a Net Income of approx. $150,000 (for an owner/operator running the business with labor at 23% of sales). The business is ideal for a family run operation. We are looking for serious and qualified buyers only! Candidates must have pizza experience and at least $300K in liquid capital to cover the down payment, deposits, and working capital. To learn more, call 1-877-735-5224. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$375,000.00 Down and
Sale Reason:Other Pursuits
Ad #76354
Seller Reference #27507
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Melvin L. Vaz
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