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Business for Sale Summary

High Volume Pizzeria for sale in Long Island - 34231

Business Type: absentee business,other eating & drinking places,seller financing available,pizza parlour
Owner Financing
High Volume Pizzeria for sale in Long Island
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This business has received 21 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $295,000 Down Payment $225,000
Gross Revenues $950,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View


$225,000 Down and $70K financed over 2 yrs at 5% to a qualified buyer.

Business Description

High Volume Pizzeria now available in a Prime Location (major roadway). They have been established for 40 years and offer eat-in, take-out and delivery. 35 seats. Shopping center location with major supermarket, prime tenants and national franchises. The owner lost his partner at the end of 2019 and was doing just under $1m a year ($18-19k week) and was netting $125k-$150k as an absentee partner. Being run absentee since 2020 (Covid) through managers. Now grossing $14,000 week plus, without an owner operator. Owner is seeking an owner operator buyer to purchase the pizzeria for $350,000. A full-time owner operator should make over $200k (including his salary).  Seller is also offering a 50% interest for $150k for a working partner. Working partner would take a salary plus 50% of the profits. They have a full staff of 3 F/T and 7 P/T employees.There are 9 years left on the current lease with a rent of $5,000 per month all in.The pizzeria is 1,500 sq.ft and is fully equipped. The numbers in the profile are based on the 2019 numbers for a full-time owner operator owner. Proof of funds will be requested prior to meeting with the owner.  All site visits must be discreet.  Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! Contact broker Joseph Stansky for more details.

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.