Pizzeria for Sale in Kings County, NY-33165

Not Disclosed, NY
Kings County

Asking Price: Annual Revenue:
$400,000 $1,092,000

Food & Beverage: Miscellaneous

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RE: Pizzeria for Sale in Kings County, NY-33165 Broker: Boris Teodoro
Owner Financing is Available!
$380,000.00 Down & $20,000 @ 7% over 12 months.

Quick Facts

Asking Price: $400,000
Annual Revenue: $1,092,000
Net Profit: Not Disclosed
Cash Flow: $280,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 34514447
Broker Reference #: 33165

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Business Overview:

Semi-Absentee Pizzeria for sale in Brooklyn, NY. This is a 100% TURN-KEY operation. Sales are $21,000 a week, and PROVABLE. This business is very profitable and it is semi-absentee with a full staff taking care of the entire business. Full time pizza man, counter guys, kitchen staff and delivery drivers. This beautiful pizzeria is located right on a corner with a TON of foot traffic. The store is 1,600 square feet and has recently been renovated. You wont have to put another penny into it. The sellers recently invested tens of thousands of dollars into the business. All equipment is in excellent condition and the store is sleek, clean and attractive. Clients love coming to either eat in or take out. Excellent reviews online. The lease is very long, transferable, and $6,700/ month all inclusive. The rent is very good for this booming part of Brooklyn. The seller paid all cash when originally buying the business, but is willing to hold a small note for a qualified buyer. Must sell due to a partner having to leave the country. A buyer needs minimum $415,000 in liquid cash to cover the down payment, the rent security deposit, and about 10-15,000 in inventory separate. The seller will stick around for some time to ensure a smooth transition and introduce new buyers to the existing customers and employees. There is an excellent staff in place making this business really easy to run without requiring full time attention to it. The seller can easily substantiate his numbers, so the price is not negotiable. This business will make a new buyer very happy. All site visits MUST BE discreet. Proof of funds will be necessary. To see the location, you must be verified so kindly upgrade your Vested Business Brokers membership to premium so you can release the address or contact Boris Teodoro. Please use email reply button of this ad to contact us.

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Reason for Selling:

Partnership issue

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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