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Business for Sale Summary

High Volume Pizzeria for sale - Absentee Run - 34241

Business Type: absentee business,misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,seller financing available,pizza parlour
Owner Financing
High Volume Pizzeria for sale - Absentee Run
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This business has received 60 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $425,000 Down Payment $300,000
Gross Revenues $1,144,000 Lease Remaining Register Free to View
Owner’s Cash Flow $201,000 Number of FT Employees Register Free to View


$300,000 Down and $125K financed over 4 yrs. @ 6% to a qualified buyer

Business Description

High Volume Pizzeria - Absentee Run. Only open 6 days/wk., Tu-Sun 11am-9pm. This is the ideal business in the current market. It did very well throughout the pandemic and continues to do well during the recovery. This is a great location on the border of Nassau and Suffolk Counties in a small shopping center with parking. The same owner has been here for the past 9 years. Only the second owner in 35 years. In the past year the business has been averaging gross sales of approx. $21- 22k/wk or $1,144,000 with a net profit of approx. $201K for an absentee owner. There are 1.5 years left on the current lease at a rent of $4,425/mth. for 1,450 sq. ft . The landlord will offer a new 10 year lease to a well-qualified buyer with experience and good credit. There are approx. 25 seats for patrons and a beer & wine license. The business is fully staffed with 7 F/T employees. The current owner has another full-time business and is rarely ever there. He is selling the currently operating business, lease and assets for $425K. The business name-dba is not included in the asking price. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds to cover the down payment. The seller will hold a note for a qualified buyer with good credit and a personal guarantee. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. 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 at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.