Owner Financing is Available!
Business Overview:
This Attractive, fully equipped pizzeria is located in a strip mall with plenty of parking on a busy road in the Eastern Suffolk County. This location is in a high growth area. There is a Large new condo development and a large new apartment complex that has recently been completed and filling up fast within 300 feet of the pizzeria. The present owner manages and oversees the operation and nets approximately $120,000. If you replace and work as the chef or Main pizza man, you will an addition $46,000 per year, giving you a net of approximately $166,000 per year (advertised net profit). The store is approximately 1,500 square feet, Seats-48. It has an excellent 17-year lease at only $2,874 per month (includes tax and Cam). Seller will finance to an experienced buyer with 60% down. The price is negotiable with a cash-out Offer
* Great Established Business * For more information, call John Stefan of JS Business Brokers
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:
Fully equipped pizzeria is located in a strip mall with plenty of parking. The store is approximately 1,500 square feet and seats-48 at tables. It also has a small soda /liquor bar that can be used if you get a beer and wine license
Market Competition and Expansion:
There is plenty of room for growth as there is a large new condo development and a large new apartment complex that has recently been completed and filling up fast within 300 feet of the Pizzeria. You can also increase business by getting a beer and wine license and utilize the small bar that is now used for sodas and beverages.
Reason for Selling:
The pizzeria is too far from the sellers house
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.