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Business for Sale

Long Standing Italian Restaurant For Sale in New Y
Suffolk County, NY

Listing #35504

   
Financial Information (non-confidential)
Asking Price $140,000.00 Gross Revenues $350,000.00
Down Payment $100,000.00 Owner’s Cash Flow $65,000.00

Financing: $100,000.00 Down and Balance of $40k with 7% rate for 48 months.

Reason for Selling:Retirement

This Pizza Cafe has been located in a busy industrial area of Suffolk County for many years. It calls itself a pizza place and deli but next to nothing is being done to promote the deli including no hot food and very little for the pizza place itself. The owner after 40 years is definitely tired and ready to move on to retirement. This business has major potential for growth. It is only open Monday through Friday. It’s a prime location. Someone with vision can probably grow both ends of this this business extremely. Either way this owners retirement definitely creates this excellent opportunity for the right entrepreneur to be located in the right place at the right price, at the right time no matter whether deli or pizza or both. This business offers a negotiable ten year lease, with one year left on the current lease. If you’re looking at the pizza business or the deli business this is a definite must see and will not last long at this price so inquire now.

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.
Steven Schaefer
Senior Business Broker
631-292-2708
sschaefer@vestedbb.com
Servicing Area:
Suffolk County, NY
Nassau County, NY
Steven Schaefer

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.

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