Owner Financing is Available!
Business Overview:
This Gorgeous Pizzeria is in LIKE NEW CONDITION and is located in a Large Strip Mall with plenty of parking in Mid-Suffolk County. It is approximately 1,700 sq. ft., seats-32 at tables and has a legal capacity for up to 48 people, Plus it has all Granite Counters and an 11-camera Surveillance System. This Pizzeria was put in ALL NEW just 6-yrs ago at a cost of approximately $375,000. It has an existing 10-yr Lease at only $3,951 per month. There gross sales range from $8,500 - $10,500 per week with ABSENTEE OWNERSHIP. It currently nets approximately $60,000 per year , but if you manage the store you should net an additional $800-$1,200 more per week (as represented on the cash flow of listing). The Seller will finance to an "experienced buyer" with a minimum of 60% down, but is the sale price is very negotiable with a cash-out offer.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Located in a 15 Store Strip Mall, just 6-years old, the premise is approximately 1,700 sq. ft. and is in "Immaculate Condition".
Market Competition and Expansion:
There is plenty of room for growth, as the owner operates this business TOTALLY ABSENTEE and does very little advertising.
Reason for Selling:
Personal
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.
Resources: