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Asking Price$1,500,000
Revenue$1,976,000 EstablishedUndisclosed
Cash Flow$588,900 Employees4 full, 6 part
FF&E$150,000 FranchiseNo
Inventory$5,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
High Volume Take-Out Pizzeria. Absentee Ownership. This is a beautiful store in a very busy Lower East Side location. They have a busy lunch and dinner business, mainly pizza & soda. There is a simple menu that is easy to manage. The businesses is mostly quick serve and delivery. A new owner can add this to the business if they are hands-on. In the past year this business grossed approx. $1,976,000.00 ($38k/wk in sales) with a net income of approx. $588,900.00. This business has a 8 years remaining on the current lease with an option to renew for a qualified buyer. The current owner is looking to sell as he owns several other businesses and is divesting. This is a great deal that will not last.  **DISCREET VISITS ONLY. PLEASE DO NOT MENTION THE SALE TO EMPLOYEES** We are looking for serious and financially qualified buyers with experience in the industry and at least $1.2 mil to cover the $900k downpayment and rent security deposit of $30K. If you meet the criteria call Mel Vaz today at 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:$900,000.00 Down and $600,000 over negotiable terms.
Sale Reason:Divesting.
Ad #93111
Seller Reference #29293
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Melvin L. Vaz
1-877-735-5224
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