Seller's Contact Information

  • RE:  Pizzeria Nets $200,000
  • Contact:  Ron Cervelli
Owner Financing is Available!
Seller financing and bank financing is available for this transaction to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Quick Facts

Asking Price: $225,000
Annual Revenue: $1,300,000
Net Profit: $200
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: 125,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 14
BBN Listing #: 59683909
Broker Reference #: PZZA799

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Business Overview:

Popular pizzeria in a wonderful area affluent area of Long Island, New York with a gross income of $1,300,000 with a substantial net yearly income, plus discretionary income to an onsite owner operator. The business has a consistent net yearly income based as a semi absentee owner. The operation represents 70% delivery, pickup and can be increased with an improved marketing campaign. The owner is retiring and will consider owner financing with a reasonable down payment. 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. The business has been priced at $425,000 which is based on a multiple of the average net yearly income and includes the business assets. Also, seller financing and bank financing is available for this transaction to a qualified buyer with an appropriate down payment, collateral, and credit rating.

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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 homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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