Pizzeria/Restaurant & Income Producing Property

Not Disclosed, NY
Nassau County

Long Island

Asking Price: Annual Revenue:
$749,000 $615,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizzeria/Restaurant & Income Producing Property Broker: Ken Stein

Quick Facts

Asking Price: $749,000
Annual Revenue: $615,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 61654701
Broker Reference #: 14426

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Business Overview:

This well-established Pizzeria/Restaurant has been a staple in this Nassau County community for over 50 years and is an ideal business opportunity to own during COVID. They have a small footprint with LOW Overhead, Opportunity to OWN the Real Estate, Property INCLUDES a 3 bedroom apartment and a Separate Rental Office that can also easily increase the size of the pizzeria/restaurant. BIG BONUS sales are UP by approximately 20% since COVID because they are WELL KNOWN in the community and was easy for them to expand their delivery service. They are known for their delicious pizza and pasta dishes as well as for their friendly service. The business is nestled in the heart of a very vibrant Nassau County community and has excellent visibility. The opportunity is to purchase the business ALONG with the real estate property which is INCOME Producing while operating the Pizzeria/Restaurant. With a little TLC and a more hands-on ownership this business has TREMENDOUS upside potential. The property already has other income producing attributes and more can be done. This business and property are ideal for an operator who wants to run a restaurant yet still building equity in their own property instead of PAYING RENT. There is ability to expand the size of the restaurant in addition to having a 3-bedroom apartment as a rental, which is ideal for the owner’s use, the staff of the pizzeria or any family. Please refer to listing number 14426 when inquiring about this opportunity.

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Additional Details:

  • The property is owned.
  • 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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