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Pizza Restaurant In Suffolk County For Sale

Suffolk County, New York
Asking Price:
$375,000 (USD)
Sales Revenue:
$1,198,157 (USD)
Cash Flow:
$150,000 (USD)

High volume pizzeria and restaurant averaging $25K per week in sales. Located in a very unique shopping enter right off the LIE with great parking. Current owners built this store themselves 5 years ago. All equipment is only 5 years old and in excellent shape. They have a great lease with 11 years remaining and 3% rent increases EVERY 5 YEARS! Seating available for 90 and a bar. Currently they have a beer and wine license but a full liquor license can be obtained. In the past year they grossed approx. $1,300,000.00 with a Net Income of approx. $150,000 (for an owner/operator running the business with labor at 23% of sales). The business is ideal for a family run operation. We are looking for serious and qualified buyers only! Candidates must have pizza experience and at least $300K in liquid capital to cover the down payment, deposits, and working capital. To learn more, call

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other Pursuits

Employees:
17

Other Information

Support & training:

The seller will train the new owner.

Financing available:

375,000.00 Down

Furniture / Fixtures value:
$250,000 (USD)
Inventory / Stock value:
$6,000 (USD)

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