Pizzeria and Restaurant Right Off The LIE - 27507

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$375,000 $1,198,157

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizzeria and Restaurant Right Off The LIE - 27507 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $375,000
Annual Revenue: $1,198,157
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 7
BBN Listing #: 67154447
Broker Reference #: 27507

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Business Overview:

High volume pizzeria and restaurant averaging $25,000 per week in sales. Located in a very unique shopping enter right off the LIE with great parking. Current owners built this store themselves 5 years ago. All equipment is only 5 years old and in excellent shape. They have a great lease with 11 years remaining and 3% rent increases EVERY 5 YEARS! Seating available for 90 and a bar. Currently they have a beer and wine license but a full liquor license can be obtained. In the past year they grossed approx. $1,300,000.00 with a Net Income of approx. $150,000 (for an owner/operator running the business with labor at 23% of sales). The business is ideal for a family run operation. We are looking for serious and qualified buyers only! Candidates must have pizza experience and at least $300K in liquid capital to cover the down payment, deposits, and working capital. To learn more, please call us.

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Reason for Selling:

Other Business Interests

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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