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Pizza And Deli In Suffolk County For Sale

Suffolk County, New York
Asking Price:
$535,000 (USD)
Sales Revenue:
$1,250,000 (USD)
Cash Flow:
$250,000 (USD)

High-volume, five-day deli and pizzeria for sale. This goldmine location is open only a few hours on Saturday. This is the best deal around. This deli has a lease with 21 years remaining. Its a large, 4000 sq. ft. space. Rent, with sewer, cam and tax, is way under-market at only $4,400 per month. This spot has the best possible lease. This busy store pays way too much in payroll, as the owner is slowing down and needs to retire. Tons of room for growth here. There is seating for 80 people. A buyer can promote more catering. The present owner has seven delivery people included in staff. This deli also can improve its present numbers by raising prices, which has not been done in ten years. Some updating could also be done. Seller will hold 50% note for seven years. Not many like this one! Imagine a bright, profitable future for 21 years. Buyer can also add hot bagels and cold beer. Presently, 30% of sales are pizza. An experienced buyer who makes a few changes may net $350k in the near future.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other

Employees:
17

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

300,000.00 Down & 235,000.00 for 7 years @6

Furniture / Fixtures value:
$150,000 (USD)
Inventory / Stock value:
$5,000 (USD)

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