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Pizzeria Restaurant In Suffolk County For Sale

Suffolk County, New York
Asking Price:
$499,000 (USD) Inventory / Stock included
Sales Revenue:
$1,600,000 (USD)
Cash Flow:
$150,000 (USD)

Fabulous Italian restaurant and pizzeria for sale. This restaurant is 4,000 sq. ft. and seats 100 customers. This business is 100% absentee and nets $200,000. Established for 30 years with a 16 year lease. Located in a busy major shopping center with great parking exposure, with a great landlord. The management and full staff is in place. The seller states that a hands on operator can easily build present sales in the restaurant and bar and can also build an on and off premise catering business to increase growth. According to the seller, if he was hands on with the business, he would net over $300,000. The restaurant has 6 ovens plus a brick oven, outside legal storage, private office, 7 point of sale terminals, 24 hour video surveillance cameras. Full liquor license in place with full separate bar. The business has 4 beers on tap. Walk in refrigerator plus freezers. Don't miss this opportunity.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other interest.

Other Information

Support & training:

The seller will train the new owner.

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

299,000.00 Down & $200,000 for 5 years @ 7%.

Furniture / Fixtures value:
$200,000 (USD)
Inventory / Stock value:
$7,000 (USD) - included in the asking price

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