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Financing: $225,000.00 Down and $100K over 2 yrs. @ 6.5%. Reason for Selling:Moving. Spacious Pizzeria and Restaurant in a Major Shopping Center. Major Price Reduction! Established 13 years ago, this is a prime location in a high traffic north shore, Suffolk County shopping center with over 200 parking spaces. The restaurant is a spacious 2,850 sq. ft. (with a partial 450 sq. ft. bsmt.) and offers 65 seats with 6 booths in the front of the store and a private dining room in back with seating for 40. The back room is also used for private parties. There are 18 yrs. (8 plus 10) left on the current lease at a rent of $6,500/mth (incl. CAM and taxes). They currently average approx. $19,500/wk in sales with gross sales of $1,012,343.00 (not including catering) in the past year, approx. 41% take-out, 34% delivery, only 12.5% in the dining room and the rest in quick-serve in the front 10.5%) and a net profit of approx. $170,000.00. They have a full-liquor license. The business is fully staffed with 4 full-time and 9 part-time employees. We are seeking a serious and financially qualified buyer with at least $225K in liquid funds, plus additional working capital. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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. |
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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. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |