High Volume Take-Out Pizzeria - Lower East Side - 25369

New York County, NY

Seller Financing Available
High Volume Take-Out Pizzeria - Lower East Side  - 25369

Asking Price:$700,000

Cash Flow:N/A

Gross Revenue:$1,560,000

EBITDA:N/A

FF&E:$150,000

Inventory:N/A

Established:N/A

High Volume Take-Out Pizzeria - Lower East Side - 25369

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Business Description

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. There is seating for over 15 people, although business is mostly quick, in and out and delivery to local businesses. A new owner can add this to the business if they would like. In the past year this business grossed approx. $1,560,000.00 with a net income of approx. $150,000. This business has a 9 year lease with only 3% rent increases. The current owner is looking to sell as he owns several other businesses. This is a great deal that will not last. We are looking for serious and financially qualified buyers with experience in the industry and at least $460K to cover the downpayment and rent security deposit of $60K.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
400,000.00 Down & $300K over 4yrs. @ 6%
Support & Training:
Seller Willing To Train
Reason for Selling:
Personal

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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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