Hot Listing

Net 400K , 5% down SBA loan prequalified

Asking Price$1,200,000

Cash Flow
$400,000

EBITDA$375,000

Gross Revenue$1,200,000

Inventory$10,000
Included in asking price
FF&E$250,000
Included in asking price
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Hot Listing

Net 400K , 5% down SBA loan prequalified


Asking Price$1,200,000

Cash Flow
$400,000

EBITDA$375,000

Gross Revenue$1,200,000

Inventory$10,000
Included in asking price
FF&E$250,000
Included in asking price
Business Description
Long established pizza business in a busy plaza anchored by a major grocery retailer. Established for many years.
Sales over 1.2 million. Strong net with excellent long term and regular clientele. Serves authentic New York style pizza and Italian dishes. Established over 10 years with consistent sales.
Excellent opportunity to own a successful neighborhood pizza restaurant.
Up to 400K net to new owner. Cash is up to 15% of gross sales.
About the Business
Years in Operation
10
Employees
12
Facilities & Assets
Excellent facility with a large kitchen and seating for 93 people. Very authentic neighborhood Italian restaurant.
Lease options available for 10 years.
Market Outlook / Competition
Limited competition. Business is not competing with anyone. The food and service is paramount and business remained strong.
Opportunities for Growth
New owners can expand with more marketing. Business does no marketing.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$5,000.00 per month
Lease Expiration
9/30/2027
About the Sale
Seller Motivation
The owners are getting older and want to retire or semi retire
Transition Support
Owner will stay on for 30 days and will be available for 6 months for phone consultations.
Financing Options
Seller will owner finance 10% of purchase price to accommodate SBA financing.
Listing Info
ID
2399055
Listing Views
522

Contact Seller

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Business Listed by: Eddie Hasan Mergers Acquisitions and Sales

Listing ID: 2399055 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.