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Italian Restaurant Nassau County, NY |
Listing #20700 |
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| Financial Information (non-confidential) |
| Asking Price |
$150,000.00 |
Gross Revenues |
$526,295.00 |
| Down Payment |
$150,000.00 |
Owner’s Cash Flow |
$82,866.00 |
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Financing: $150,000.00 Down and $75k for 5 years @ 9 %
Reason for Selling:Seller tired
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.
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Jim Aloi Senior Business Broker
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Servicing Area:
Nassau County, NY Suffolk County, NY Kings County, NY Bronx County, NY
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |