Business Summary

Asking Price: $600,000
Gross Income: $1,300,000
Cash Flow: $235,000
EBITDA: N/A
FF&E: $600,000
Inventory: $8,000*
Real Estate: N/A
Established: 2010
Employees: 12

Business Description:-
Well appointed brick oven pizzeria and restaurant located in the most up and coming entertainment areas of Long Island. Stand alone, 3,000 sf building beautifully decorated with Tuscan styling and high-end finishing. Full bar and liquor license, seats 85 with room for private parties. Top of the line kitchen and cooking equipment. Current owner has another restaurant which requires his full attention and cannot travel to get to this location. Currently has 2 full time chefs and 2 full time pizza makers. Owner/ operator could cut costs by 3,700 a week by replacing one of each. Currently grosses over $200,000 yearly. Known for their fresh and authentic Italian food and pizza. All food is purchased fresh everyday from the butcher to the produce and imported items from Italy. This is a MUST SEE location with a favorable lease, plentiful parking and a growing reputation for the finest of Italian food. Turn-key operation.

Detailed Information:-
Inventory: Not included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Stand alone, 3,000 sf building beautifully decorated with Tuscan styling and high-end furnishings in AAA Location
Financing: Negotiable
Support & Training: 2-4 Weeks
Reason for Selling: Traveling

Property Details