Hot Listing

Pizzeria restaurant,coastal town R.I.main st,300k profit.

Asking Price$499,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$15,000
Not included in asking price
FF&ENot Disclosed

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Hot Listing

Pizzeria restaurant,coastal town R.I.main st,300k profit.


Asking Price$499,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$15,000
Not included in asking price
FF&ENot Disclosed

Business Description
Pizzeria restaurant R.I. $499,000 for the business.Profit $300k!
Free standing building,36 parking spaces,with a three bedroom apartment upstairs.
Beautiful dining room (120 seats)and nice bar area with full liquor license.
Great visibility in the center of town.The town is a famous vacation destination!
Very spacious kitchen.
About the Business
Years in Operation
17
Facilities & Assets
The restaurant is 3000 sf plus basement.The apartment upstairs is approximately 850 sf.
The business sign located in the parking lot is large and visible from distance.
The lease expires in 12 years.
Market Outlook / Competition
Great food ,with loyal clientele.
Real Estate
Owned or Leased
Leased
Rent
$4,400.00 per month
Lease Expiration
11/11/2036
About the Sale
Seller Motivation
Moving out of state.
Financing Options
Down payment $250,000 and $249,000 owner financing for 4 years at 6% interest.
Listing Info
ID
2302228
Listing Views
2884

Contact Seller

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Business Listed by: Nassos Prapas Olympic Group Commercial

Listing ID: 2302228 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.


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