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RE:  Brick Oven Pizza And Italian Cuisine Contact:  Ziggy Marszalek
Owner Financing is Available!
Amount:$189,000 Months Left:60 Rate:7.000000000000001% Monthly Payment:$3,742.43

Quick Facts

Asking Price: $439,000
Annual Revenue: $1,350,000
Net Profit: Not Disclosed
Cash Flow: $189,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 10
BBN Listing #: 694149666
Broker Reference #: 22616

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Business Overview:

Italian Restaurant With Wood-Fired Brick Oven.
This Italian restaurant with wood-fired brick oven pizza is located in a very densely populated area of Suffolk County, New York. It is 3,300 square feet with 2 dining rooms plus an additional pizza area. It seats 90 and has a full liquor license. Rent and taxes are under $11,000 a month and the landlord will give a long lease. Currently, run absentee, the owner is ready to retire and has priced for a quick transaction.

Expansion Opportunities.
This is ideal for an owner/operator to increase business and save on payroll. And, there is also the opportunity to expand the catering business and corporate account business.

Possible Seller Financing.
There is the possibility of seller financing.

Reason For Sale.
The seller currently runs absentee and is ready to retire.

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Property Features and Assets:

This Italian restaurant with wood-fired brick oven pizza is located in a very densely populated area of Suffolk County, New York. It is 3,300 square feet with 2 dining rooms plus an additional pizza area. It seats 90 and has a full liquor license. Rent and taxes are under $11,000 a month and the landlord will give a long lease. Currently, run absentee, the owner is ready to retire and has priced for a quick transaction. Monthly Rent:$7,800 Lease Ends:2038-01-03 Area:3,300 sq/ft Building Type:Shopping center Terms and Options:3%

Market Competition and Expansion:

Expansion Opportunities. This is ideal for an owner/operator to increase business and save on payroll. And, there is also the opportunity to expand the catering business and corporate account business.

Reason for Selling:

Retiring.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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