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Pizzeria for Sale in Suffolk County, NY
Suffolk County, NY |
Listing #25653 |
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| Financial Information (non-confidential) |
| Asking Price |
$150,000.00 |
Gross Revenues |
$375,000.00 |
| Down Payment |
$60,000.00 |
Owner’s Cash Flow |
$75,000.00 |
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Financing: $60,000.00 Down and 90,000 over 5 years @7 %
Reason for Selling:other interest
Suffolk well known pizza shop for sale. Established 30 years. Owned for the past 18 years by current seller.
The rent is only $2800 per month with a 10 year lease.
Seller takes home about $1500 per week however a buyer with a family member can earn more money.
This store would do better with some updating and advertising due to the seller is laid back and not doing anything to improve business.
Very little competition and is located in the middle of a upscale high end area in a very busy, well shopped strip center.
This shop does 70 percent pizza and 30 percent food and about a 3rd deliveries.
Seller will take a experienced buyer who puts down only $60k and will hold a note for $100k for 5 years price is firm!
Great place best terms ever, to easily turn around.
Contact broker at 631-265-7300 for further information.
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Marie Goldstein
Senior Business Broker
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Servicing Area:
All of 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 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com |
