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Gold Coast Pizzeria In New York For Sale

New York, US
Asking Price:
$299,000
Sales Revenue:
$884,000
Cash Flow:
$145,600

LISTING ID # 36259

Gold Coast Pizzeria. Fantastic reviews! This business has become “THE PLACE” in the neighborhood. They have built a solid name and reputation by providing quality food and service. Unfortunately, a partnership split is the motivation for the sale. In the past year the business grossed approx. $884,000 with an owner’s cash flow of approx. $145,600.00. One owner typically comes in daily to oversee the business. They have a full staff with 5 full-timers and 3 part-timers. They are also enrolled with several major delivery apps. The space is 1,800 sf. with a take-out area, separate dining room, and rent of $7,500/mth. That is very reasonable for this high traffic location on the Gold Coast of Nassau County. There are 8 years left on the current lease, but that can be extended for a well-qualified buyer. We are seeking a serious and financially qualified buyer with at least $199K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today

Business Operation

Reasons for selling:

Partner Split

Employees:
5 FT / 3 PT
Years established:
8

Other Information

Support & training:

Seller Will Train

Financing available:

199,000.00 Down & $100K over 18 months @ 7%

Furniture / Fixtures value:
$150,000
Inventory / Stock value:
$7,500