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Recently Remodeled Italian Restaurant/Pizzeria For Sale

Suffolk County, New York, US
Asking Price:
$325,000 Furniture / Fixtures included
Sales Revenue:
$624,000
Cash Flow:
$165,000

HS Listing ID-71


Asking $325k

12,000 weekly sales, $165 cash flow

10-year lease with renewal option- $6,100 month

25 years of proven success, loyal customers, and steady growth.

Owner invested $30,000 last year with new decor, new signage and new AC

Some seller financing available- Buyer needs $225,000 down at least.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

10-year lease with renewal option

Leasehold Rent:

$73,200 per annum

Business Operation

Reasons for selling:

Owner is Relocating

Other Information

Support & training:

Yes.