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Business for Sale

Pizzeria & Restaurant for sale in Long Island
Suffolk County, NY

Listing #34005

 
Financial Information (non-confidential)
Asking Price $650,000.00 Gross Revenues $2,000,000.00
Down Payment $199,000.00 Owner’s Cash Flow $300,000.00

Financing: $199,000.00 Down and $500K financed for 7 years at 7% to a qualified buyer.

Reason for Selling:seller to busy with larger business

Pizzeria & Restaurant must see!!!! Established 40 plus years, updated, new AC. This gorgeous 3,150 square foot listing is now run 100% absentee. Hands on buyer will save over $1,500 weekly on payroll and will easily save another 20% on waste, theft, discounts, etc. Located in established shopping center with major tenants. There is room for 3 tables outside. This place is currently doing $2M. Rent negotiation is being discussed. This seller has no food experience and will give this goldmine opportunity up for a small down payment of $199,000 and the balance over 7 years to the right buyer. Tons of nearby catering accounts waiting to be secured. Seller will start note 6 months after purchase!!! New buyer can greatly increase business with social media marketing, daily specials, and mobile to-go. DO NOT PASS THIS LISTING UP. CALL BROKER JIM ALOI FOR MORE DETAILS! GOOD OPERATOR SHOULD TAKE HOME OVER $300K

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 registration@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Jim Aloi
Senior Business Broker
631-375-4100
jaloi@vestedbb.com
Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Jim Aloi

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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