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Gorgeous Pizzeria Priced To Sell With Absentee Owner For Sale

Suffolk County, New York
  • $169,000

Sales revenue:
$464,000
Cash flow:
$100,000
Contact Seller
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This Gorgeous Pizzeria is in LIKE NEW CONDITION and is located in a Large Strip Mall with plenty of parking in Mid-Suffolk County. It is approximately 1700 sq. ft., seats-32 at tables and has a legal capacity for up to 48 people, Plus it has all Granite Counters and an 11-camera Surveillance System. This Pizzeria was put in ALL NEW just 6-yrs ago at a cost of approximately $375,000. It has an existing 10-yr Lease at only $3,951 per month (includes tax and cam charges). There gross sales range from $8,500 - $10,500 per week with ABSENTEE OWNERSHIP. It currently nets approximately $60,000 per year , but if you manage the store you should net an additional $800-$1,200 more per week (as represented on the cash flow of listing). The Seller will finance to an "experienced buyer" with a minimum of 60% down, but is the sale price is very negotiable with a cash-out offer.



Real Estate:
Lease
Lease terms:
It has an existing 10-yr Lease at only $3,951 per month (includes tax and cam charges).
Location:
This Gorgeous Pizzeria is in LIKE NEW CONDITION and is located in a Large Strip Mall with plenty of parking in Mid-Suffolk County.
Premises details:
The Pizzeria is approximately 1700 sq. ft., seats-32 at tables and has a legal capacity for up to 48 people, Plus it has all Granite Counters and an 11-camera Surveillance System. It was built ALL NEW just 6-yrs ago at a cost of approximately $375,000.
Size in square feet:
1,700

Expansion potential:
There is plenty of room for growth, as the owner operates this business TOTALLY ABSENTEE and does very little advertising.
Reasons for selling:
Personal
Trading hours:
Open 7 Days
Employees:
9
Years established:
2006
Support & training:
Seller will assist with training
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
The Seller will finance to an "experienced buyer" with a minimum of 60% down, but is the sale price is very negotiable with a cash-out offer.
Related documents:


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