Turn-key Pizzeria / Restaurant

Not Disclosed, NY
Nassau County

Asking Price: Annual Revenue:
$549,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Turn-key Pizzeria / Restaurant Broker: Henry Galasso

Quick Facts

Asking Price: $549,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 9
BBN Listing #: 533935273
Broker Reference #: 11558

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Business Overview:

Here’s your chance to own an established turnkey pizzeria / restaurant doing a solid $22,000 weekly located in the heart of desirable Mineola just 2 short blocks from Winthrop Hospital in the hustle and bustle of Mineola, 3 blocks from the Nassau County courthouse and the very busy Franklin Avenue. This place is spotless, must be seen to be appreciated. It has been a local favorite for more than 30 years (4 years with the current owner). Both takeout and delivery are offered here with a Full kitchen. Many new apartment buildings being built very close by create a very good opportunity to expand. There will be a new 10 year lease with a 5 year option, current rent is $5,800/mo. for this spacious 1,800 square feet and with a full 1,800 square feet basement for storage. The first seating area has all glass windows. Seating 24 guests in the first room there is a counter to display the pizza and is used for takeout orders. As you walk into the back area you see another dining hall which seats 48 guests. THE BUSINESS IS FULLY STAFFED WITH 9 FULL-TIME EMPLOYEES, INCLUDING A MANAGER, mgr. salary not included. The owner runs the business on an absentee basis.

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Reason for Selling:

Scale Back.

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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