Pizzeria - A Plus Loc. Rent $1,650-28630

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$159,000 $368,664

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizzeria - A Plus Loc. Rent $1,650-28630 Broker: Melvin L. Vaz
Owner Financing is Available!
$120,000.00 Down & $39,000 over 3 years @ 6%

Quick Facts

Asking Price: $159,000
Annual Revenue: $368,664
Net Profit: Not Disclosed
Cash Flow: $83,718
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 43084447
Broker Reference #: Not Disclosed

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Business Overview:

Simple Pizzeria - Slices and soda. **PRICE REDUCED** A Plus Location. This is a easy operation with a very basic menu of pizza and pasta dishes. They offer no heros and only limited specials. 95% of sales consist of pizza, wings and knots. The store has been around for over 30 years, but the current owner has been here for 3 years. He has another full-time job so he cannot be here to stay on top of the staff. THE RENT IS ONLY $1,650 per month! There are 7 years left on the lease (it can be extended for a qualified tenant) with only 3% increases. The store is 752 square feet with seating for approximately 8-12 patrons. The store is located on a commercial strip near major transportation. The future prospects here are tremendous. There is plenty of street and public parking here. In the past year the business has grossed approximately $400,000.00 with a net income of approx. $83,718.00 (for an owner/operator after reducing the current payroll). We are looking for serious and qualified buyers only! Candidates must have some pizza experience and at least $120,000 in liquid capital. Please contact the broker for further information.

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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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