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Long Established Pizzeria In New York For Sale

New York, US
Asking Price:
$450,000
Sales Revenue:
$1,191,010
Cash Flow:
$175,000


Long Established Pizzeria - Over $20K Weekly Gross. Divorce forces sale. Located on a major roadway in Nassau County. The same owner has been here for over 10 years. The store is 1,300 sq. ft. with seating for 20 and a full 1,300 sq. ft. basement. The rent is only $3,198/ MTH. with 3.5 years left on the current lease. A well-qualified buyer can easily negotiate a new lease or lease extension. It is a corner location with plenty of street parking. They have room for outdoor seating and a sliding window (with C/O) for the sale of Italian Ices, Ice cream, slices, etc. This is turn-key for an operator with some experience. All equipment is well- maintained and the store has been renovated over the past few years. Garbage is free pick-up from the town. This is ideal for a pizza man/woman or a family. In the past year the business grossed approx. $1,191,010 (40% delivery) with a cash flow of $175,000 for an owner operator. They currently average over $20K/wk in sales. All deliveries are made with their own drivers. They do not use any delivery apps. The business is fully staffed with 15 part-time employees. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds to cover the down payment, plus additional working capital and rent security. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Business Operation

Reasons for selling:

Divorce

Employees:
15 PT
Years established:
11

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

300,000.00 Down & $150K over 3 yrs. @ 7%

Inventory / Stock value:
$15,000