Business Summary
Asking Price: $390,000
Gross Income: $648,000
Cash Flow: $144,000
EBITDA: N/A
FF&E: $100,000
Inventory: N/A
Real Estate: N/A
Established: 2010
Employees: 9
Business Description
This well known land mark pizzeria is located in a busy shopping center in Nassau county. Location is grossing over $640,000 with low rent $6,000 and long lease 15 yrs with 15 yr renewal. This pizzeria is 2 stores combined into one with over 1800 sq ft and seats 40 comfortably with a large salad bar (help yourself). New owner will inherit $50,000 worth of accounts with local schools and the towns fire department.Catering is a huge asset to this pizzeria that brings in $25,000 a quarter. Wow that's $100,000 just in catering. This location has to be an owner operated pizzeria in order to keep up with the demand and quality of food. Owner is motivated to sell and is willing to finance 50 % for the right buyer. This location has great reviews on line one of the best locations, if not the best, on long Island .Make an offer. All offers welcomed.
Detailed Information
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Shopping Center 1600 sq.ft. Main Road 7 Days 11-10 Pm Seats 40 Double Store Well Established
Support & Training: 2 Weeks
Reason for Selling: Moving
Property Details