Italian Restaurant - 20700 Business Type: owner financing available,absentee business,business with property available,bar/tavern/night clubs,other eating & drinking places,pizza parlour,restaurant/ cafes/ diners
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $150,000 | Down Payment | $150,000 |
| Gross Revenues | $526,295 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $82,866 | Number of FT Employees | Register Free to View |
Financing
$150,000 Down and $75k for 5 years @ 9 %
Business Description
Nassau County Nice Italian Restaurant & Pizzeria with full bar seats over 100 people. This is a free standing building with parking lot. This listing offers full kitchen with walk-in freezer & refrigerator combo, dining room plus 2nd catering room, employee area changing room, upstairs storage room with Restroom & separate pizza area. This listing is under priced for quick sale. Landlord seller seeks good tenant with experienced. Seller will give option on property or will sell property for a additional $700k. This is a clean cozy well established business with a lot of room for growth. Seller is tired of the distance he travels to work. This listing also offer 3/a/c units security system and easy access to roof for easy repairs with entrance from upstairs. Buyer who adds brick oven pizza or makes bar smaller can add more ovens and double present business. Seller does little promoting and advertising. Please not this is a high traffic pizza area super location rent only $5500 per month which includes $1883 per month in property tax. Contact Broker Jim Aloi For info. They have several school accounts for pies property available for extra $700k.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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