Growing Local Pizzeria: Same Owner for 31 Years. Major Price Reduction! Located in a large shopping center in Suffolk County, it offers easy access and ample parking. The business owner has built a solid name and reputation by providing quality food and service.
This is the “old-school” local pizzeria you remember. Sales continue to grow year over year. 2020 gross sales were $987,000. 2021 gross sales were $1.031 million. 2022 gross sales were $1.053 million., and 2023 sales are up again.
owner’s cash flow for the most recent year was approximately . $150,000. The store is a bit dated, but the front end can be renovated for a relatively low expense. All furniture, fixtures and equipment are in working order. A new owner can add a beer & wine license. Although the owner is looking to slow down, he would be happy to stay on as a part-time employee. Outside of the owner, there are 2 FT and 6 PT employees, including a pizza man, cook, counter and delivery people.
They are also enrolled with several major delivery apps. The space is 1,050 sf. with a rent of $5960/mth.
That includes CAM and taxes. No basement. There are 5 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.
Same Owner For 31 Yrs
