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Landmark Pizza Parlor In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$275,000 Inventory / Stock included
Sales Revenue:
$699,000
Cash Flow:
$130,000

This 48 year old pizza business is located in a very busy strip mall on Long Island. Rent is just $3,000 a month, with a long lease. Its gross is $699,000 a year, the catering business earns $70,000 a year, separately. A well-known and famous pizza parlour, which is known for its delicious and savory taste, popular in the area. The business has a loyal clientele; a stable cash flow throughout the week. All the employees are willing to stay with a new owner. The seller, due to a domestic reason, wants to sell it, and is willing to finance as well. The seller's net cash flow, after paying all the bills, is over $130,000 a year.

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Business Operation

Reasons for selling:

Personal

Employees:
3FT/2PT
Years established:
1974

Other Information

Support & training:

Seller will train

Financing available:

175,000.00 Down & Seller will hold a note of $100,000 for 24 months at 7% to a qualified buyer.

Furniture / Fixtures value:
$55,000
Inventory / Stock value:
$5,000 - included in the asking price