Business Overview:
Popular pizzeria in a wonderful area of Long Island, New York with a gross income of $1,300,000 plus discretionary income and a net yearly income of $225,000 to an onsite owner operator. The business has a consistent net yearly income based as a semi absentee owner. The business income represents 70% delivery, pickup and can be increased with an improved marketing campaign. The owner is retiring and will consider owner financing. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. For Qualifications purposes, this business opportunity does not require any specific government licensing approval to purchase or operate other than the standard required municipal licenses.
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Property Features and Assets:
This business opportunity is in Nassau County, New York which is a highly populated affluent area on the shore of Long Island. This business facility consists of approximately 1,375 square feet with a clean attractive appearance. This pizzeria is on an active commercial avenue with many other retail businesses. This restaurant has a seating capacity for approximately sixteen customers.
Market Competition and Expansion:
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Reason for Selling:
Retiring
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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