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Asking Price$249,000
Revenue$479,263 EstablishedUndisclosed
Cash Flow$112,572 Employees4 full, 4 part
FF&E$150,000 FranchiseNo
Inventory$5,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Gorgeous, high end restaurant and pizzeria. OPEN ONLY 6 DAYS! **PRICE REDUCED** his is a beautiful and modern store that was built from scratch less than 10 years ago. IT IS COMPARABLE TO A HIGH END MANHATTAN RESTAURANT. The current owners have another high volume pizzeria and do not have the time to run 2 locations. They live just blocks from this location and want to see it go into good hands. They are willing to stay on for a few months to help in a training and transition period. They offer take-out and delivery as well as table service. The store is located on a corner in a very affluent area of Queens. They have street parking in front and on side streets. There is also plenty of foot traffic in this area. The restaurant has 55 seats and a new owner may be able to obtain permits for an additional 22 outdoor seats. The rent is only $3,153/mth. and a qualified buyer can obtain a 10 yr. lease. The seller is estimating sales of approx. $520,000.00 for 2016 with a net income of approx. $112,573.00. IT WOULD COST OVER $300K TO BUILD A TORE LIKE THIS TODAY! This business is a good opportunity for anyone with the liquid capital. A family could run this business and reduce payroll or a Wall-Street type could run this on a more absentee basis as it is full staffed and can run itself with limited oversight. We are looking for serious and qualified buyers only! Candidates must have some pizza experience and at least $149K in liquid capital to cover the down payment. Call 1-877-735-5224 for further information.
Training/Support:The seller will train the new owner.
Seller Financing:149,000.00 Down & $100K over 4 yrs. @ 6%.
Sale Reason:Not enough time to run this and another location.
Ad #86744
Seller Reference #28523
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Contact This Seller
Melvin L. Vaz
1-877-735-5224
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