Pizzeria Lake Grove 45-50k Wkly Shopping Center

Lake Grove, NY
Suffolk County

Lake Grove

Asking Price: Annual Revenue:
$795,000 $2,440,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizzeria Lake Grove 45-50k Wkly Shopping Center Broker: Seller of Business

Quick Facts

Asking Price: $795,000
Annual Revenue: $2,440,000
Net Profit: Not Disclosed
Cash Flow: $361,600
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 778035273
Broker Reference #: 11794

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Business Overview:

Amazing 4,000 square feet buildout. Over $1.2M invested in this underperforming Suffolk County pizzeria. Imagine that? $45,000 - $50,000 per week and it is still underperforming. Owner claims should be grossing $90,000 weekly Yes. Full liquor. Approximately 102 seats. State of the art decor. If store is ran right it could potentially be $80,000 per week. Base Rent $13,000 PLUS RE CAM = $15,000. This location would need to be re-branded as it is part of a multi-store group whom is selling off some assets.

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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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