High Volume Pizzeria In A Major Shopping Center In Suffolk County For Sale

Overview

  • Business services, Services
  • Property Type

Description


High Volume Pizzeria In A Major Shopping Center In Suffolk County For Sale

Suffolk County,
New York, US

Asking Price:

$399,000
Sales Revenue:
$1,012,343
Cash Flow:
$170,000

Spacious Pizzeria and Restaurant in a Major Shopping Center. Established 13 years ago, this is a prime location in a high traffic north shore, Suffolk County shopping center with over 200 parking spaces. The restaurant is a spacious 2,850 sq. ft. (with a partial 450 sq. ft. bsmt.) and offers 65 seats with 6 booths in the front of the store and a private dining room in back with seating for 40. The back room is also used for private parties. There are 18 yrs. (8 plus 10) left on the current lease at a rent of $6,500/mth (incl. CAM and taxes). They currently average approx. $19,500/wk in sales with gross sales of $1,012,343.00 (not including catering) in the past year, approx. 41% take-out, 34% delivery, only 12.5% in the dining room and the rest in quick-serve in the front 10.5%) and a net profit of approx. $170,000.00. They have a full-liquor license. The business is fully staffed with 4 full-time and 9 part-time employees. We are seeking a serious and financially qualified buyer with at least $399K in liquid funds. To learn more, please call, text or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Moving

Employees:
5FT/9PT
Years established:
2010

Other Information

Support & training:

Seller will train

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

399,000.00 Down & Possible for a well-qualified buyer with restaurant experience and a PG.

Inventory / Stock value:
$8,000



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Address

  • City Hong Kong

Details

Updated on January 14, 2023 at 6:16 pm
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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