Pizza Parlour Business for sale imagePizza Parlour Business for sale img
Pizza Parlour Business for sale graphic
Listing Number: 3849

Buy a Restaurant/Cafe Business in Queens County, New York

Business: Buy a Restaurant/Cafe Business
County, State: Queens County, New York
Business Type: Pizza Parlour, Restaurant/Cafes, Other Eating & Drinking Places

Summary Description

This operation is an Italian Restaurant and Pizzeria that was built by a restauranteur who knows the food and hospitality business and especially Italian Cuisine. He has hired a chef that is a great cook and a key employee who has done an outstanding job in the eight months that the operation has been in existence. The restaurant so far is developing a great reputation and is increasing its business every week. Unfortunately, the owner's doctor has instructed the owner to divest himself of the business due to his poor health. The new buyer therefore would takeover an operation that has a fantastic opportunity to continue growing and become a very reputable eating establishment. With a 10 year lease and a 5 year option this operation offers an owner a very exciting opportunity.

About the Sale

Asking price:$165,000 (USD)

Financing:$80,000 down and $85,000 @ 6% over 36 months

Total Revenues:$339,097 (USD)

Cash Flow:$68,963 (USD)

Reason Selling:N/A

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.