Great Pizzeria Franchise - High Vol. - 27875

Queens County, NY

Seller Financing Available
Great Pizzeria Franchise - High Vol.  - 27875

Asking Price:$950,000

Cash Flow:$300,580

Gross Revenue:$1,217,765

EBITDA:N/A

FF&E:$150,000

Inventory:$10,000*

Established:2000

*not included in asking price.

Great Pizzeria Franchise - High Vol. - 27875

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Business Description

Great Pizzeria Franchise - High Vol. It is located in a high traffic area of Queens, NY. This is one of the higher grossing locations in NY State. In the past year the business grossed approx. $1,301,483.10 with a cash flow of approx. $300,000.00. THERE ARE 9 YEARS REMAINING ON THE CURRENT LEASE PLUS A 5 YEAR OPTION. This franchise has a strong national brand and is growing. ALL FINANCIALS CAN BE VERIFIED THROUGH THE POS REPORTS. The owner lives on LI and was involved in a car accident that has limited her driving. She is hands on in the management of her store and tries to visit daily, although the business is fully staffed and does not require her physical labor. At this point she would like to sell and find another business closer to home. We are seeking a serious and financially qualified buyer with at least $800K in liquid funds and some management experience. Proof of Funds will be required to obtain the address. If you meet the criteria, please call 1-877-735-5224 for further information or please refer to the Confidentiality Agreement below.

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.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
800,000.00 Down & $150K over 3 yrs. @ 6%
Support & Training:
The seller will train the new owner.
Reason for Selling:
Car accident/ travel time.

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

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