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#Business ID: 19684

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Long Island Pizzeria

Business Location: Long Island, New York, United States

Asking Price: $ 1,500,000 Revenue: $ 1,800,000 Cash Flow: $ 580,000

Business Summary

Long Island Pizzeria < $1,800,000 in sales/ $5,500 rent all in >

This well-known Pizzeria-Restaurant in the heart of Nassau County is the perfect opportunity for a buyer looking for a highly profitable business with low overhead and a great Long Island location. The owner has recently become ill and is looking to sell the profitable business immediately. Its affordable rent, excellent earnings and 40 years of customer loyalty in the same location makes this an excellent opportunity. They are located in a busy neighborhood shopping center with Rent LESS than 6%. A long term lease is available and this low rent of ONLY $5,500 per month for over 4500 square foot offers tremendous potential for a new more aggressive buyer to expand the business. They have a private party catering room which easily accommodates parties of 120 guests. With a proven track record of sales of $1.8M and earnings of $580,000 the seller’s loss is the buyer’s gain at only $1,500,000. The Seller will hold a note for a qualified buyer. Please refer to listing number 11549 when inquiring about this business.

Contact Information:
Contact: Elaine Iucci, Buyer Coordinator
Phone: 516-626-2211
Email: [email protected]

Property Details

Property Type:

Lease

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