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Asking Price$1,399,000
Revenue$2,156,682 Established1987
Cash Flow$475,238 Employees8 full, 19 part
FF&E$150,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
Pizzeria & Rest. Grossing 45K Wk. This is a landmark location in Brooklyn. The current owner has been here for 30 years. He is ready to retire. This is a very unique 2,000 sq. ft. location with covered, permitted outdoor seating. There is the outdoor seating, a sit down, indoor, white table cloth restaurant, and an area for quick-serve/take-out. There is a simple menu that is easy to manage. In the past year this business grossed approx. $2,340,000.00 ($45k/wk in sales) with a net income of approx. $475,000.00. This business has 11 years remaining on the current lease at only $7,300/mth. (incl. tax & CAM) with only 2% annual increases and an option to renew for a qualified buyer. 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 $925K to cover the downpayment and rent security deposit.  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:Seller is willing to train new owner.
Seller Financing:$900,000.00 Down and $499K over 5 yrs. @ 6%
Sale Reason:Retirement
Ad #94127
Seller Reference #29628
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Contact This Seller
Melvin L. Vaz
1 (877) 735-5224
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