Great Pizzeria with a Long Lease and Low Rent

Suffolk County, NY
Suffolk County


Asking Price: Annual Revenue:
$125,000 $335,484

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Great Pizzeria with a Long Lease and Low Rent Broker: Melvin L. Vaz
Owner Financing is Available!
75,000.00 Down & $50K over 3 yrs. @ 6%

Quick Facts

Asking Price: $125,000
Annual Revenue: $335,484
Net Profit: Not Disclosed
Cash Flow: $55,209
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 2
BBN Listing #: 71784447
Broker Reference #: 24219

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Business Overview:

Great Pizzeria with a Long Lease and Low Rent. A MUST SEE!! Beautifully remodeled pizzeria in Suffolk County. This is a turn- key opportunity. You do not have to spend a penny. All kitchen equipment, electrical, HVAC is brand new. It even has a state-of-the-art POS system. One of the best leases I have seen, 13 years plus four 5 year options. That's A 33 Year Lease. Rent is only $2,980 (incl. tax and CAM) for a 1500 sq. ft. Space with seating for 16. They mainly offer take-out lunch and dinner as well as catering. He has 5 employees and a weekly payroll of $1,800 (or $93,600/yr.). The business has incredible growth potential and continues to grow daily. Current sales average $7,000/wk. The business is Only Open 6 Days Per Week. Closed On Mondays. We are looking for an owner/operator or someone with pizza experience to come in and scoop up this steal of a deal.

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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.

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