Pizzeria Restaurant For Sale in Nassau - 32017

Not Disclosed, NY
Nassau County

Asking Price: Annual Revenue:
$82,000 $338,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizzeria Restaurant For Sale in Nassau - 32017 Broker: Mel Vaz

Quick Facts

Asking Price: $82,000
Annual Revenue: $338,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 23764447
Broker Reference #: 32017

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Business Overview:

Italian and American Restaurant and Pizzeria in Affluent Area. OPEN ONLY 5 DAYS. This is an excellent turn-around opportunity for a food service operator with experience. The current owner has been here for 34 years as an employee and then owner. Due to other responsibilities the owner has not been able to pay full attention to the business over the past few years and business has declined. Unfortunately they have also had to cut back days and hours. They are currently open only 5 days, Tuesday - Thursday 11am-9pm, Friday & Saturday 11am-10pm, CLOSED Sunday and Monday. The business has gross sales of approximately $338,000 last year (approximately $6,500/week). It is only marginally profitable with the current management. What you are buying is a fully equipped, 1,400 square feet location in the middle of a very affluent area with fantastic reviews. They have a beer & wine license and moderate parking. Additional parking is available across the street in the evening, during busy hours. They only offer very limited delivery right now. You would have a chance to negotiate the lease terms with the landlord. It would cost over $150,000 to build a location like this from scratch! We are seeking a serious and financially qualified buyer with at least $92,000 in liquid funds to cover the asking price and rent security. To learn more, please contact Mel Vaz today or email us. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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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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