Absentee Pizzeria - $27K/Wk Gross - 31612

Not Disclosed, NY
Kings County

Asking Price: Annual Revenue:
$535,000 $1,404,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Absentee Pizzeria - $27K/Wk Gross - 31612 Broker: Melvin Vaz
Owner Financing is Available!
$350,000.00 Down & $185,000 over 3 years @ 6% for a financially qualified buyer with good credit and collateral.

Quick Facts

Asking Price: $535,000
Annual Revenue: $1,404,000
Net Profit: Not Disclosed
Cash Flow: $260,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 9
BBN Listing #: 35364447
Broker Reference #: 31612

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Business Overview:

Absentee Operated High Volume Pizzeria - $27,000/Week Gross. ONLY OPEN 6 DAYS/Week. This is a spectacular pizzeria in the heart of Northern Brooklyn. No expense was spared in the build-out and it shows. It must be seen to be appreciated. Even better, they have a good product and solid sales. In the past year the business grossed approx. $1,404,000.00 with a cash flow of approx. $260,000.00. (Keep in mind that this is done in a 6 day work week. They are closed on Monday. There are 10 years left on the current lease at a rent of $9,000/month. for a spacious 2,200 square feet. There are 45 seats for patrons and a beer & wine license. THE BUSINESS IS FULLY STAFFED WITH 9 FULL-TIME EMPLOYEES, INCLUDING A MANAGER. The owner runs the business on an absentee basis. We are seeking a serious and financially qualified buyer with at least $350,000 in liquid funds to cover the downpayment. Seller financing for $185,000 is possible for a financially qualified buyer with good credit and collateral. To learn more, please contact Mel Vaz today or email us. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY.

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Reason for Selling:

Cashing Out.

Additional Details:

  • The property is owned.
  • The owner is not 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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