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

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

Summary Description

If there was ever a stoned giveaway, this is it. This very profitable pizza parlour/restaurant is located in an extremely busy shopping center, located on one of the most traveled thoroughfares in Nassau county. This store has a 13 year lease with the normal 3% cost of living cause. The present owner is open for business just 6 days a week and refuses to deliver outgoing orders in a neighborhood where a delivery business would flourish. Additionally, delivery vans would have no problem parking being that there is unlimited parking in the shopping center. At less than a 2 multiple of net cash flow to sales price this deal will not last.

About the Sale

Asking price:$260,000 (USD)

Financing:$160,000 down and 7% FOR 36 MONTHS

Total Revenues:$532,000 (USD)

Cash Flow:$180,080 (USD)

Reason Selling:OTHER INTERESTS

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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.