Business For Sale

N. Shore Pizzeria - Affluent Area - Avg. $13K per

Nassau County, NY
Nassau County


Asking Price: Annual Revenue:
$340,000 $728,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: N. Shore Pizzeria - Affluent Area - Avg. $13K per Broker: Melvin L. Vaz
Owner Financing is Available!
275,000.00 Down & $65K over 3 yrs. @ 6%

Quick Facts

Asking Price: $340,000
Annual Revenue: $728,000
Net Profit: Not Disclosed
Cash Flow: $145,600
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 68364447
Broker Reference #: 24882

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Business Overview:

PRICE REDUCTION!! N. Shore Pizzeria - Affluent Area - Avg. $14K per week. This is a beautiful store that was built from scratch by the current owners 6 years ago. There are 3 partners that own the business and they have decided to split up. They offer take-out and delivery as well as table service in their 2,000 sq. ft store. They have seating for 36 and a bar with a beer and wine license. There are 5 years left on the current lease, plus two 5 yr. options (15 yrs. total). The store is located in a very large shopping center with parking for well over 300 cars and one big anchor tenant. In the past year the business has grossed approx. $728,000.00 with a net income of approx. $145,600.00. There is upside with some advertising (they do no advertising at all right now). We are looking for serious and qualified buyers only! Candidates must have some pizza experience and at least $275K in liquid capital.

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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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