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Pizzeria With Restaurant In Nassau County For Sale

Nassau County, New York
Asking Price:
$82,000 (USD)
Sales Revenue:
$338,000 (USD)
Cash Flow:
Not applicable

Italian and American Restaurant and Pizzeria in Affluent Area . OPEN ONLY 5 DAYS. This is an excellent turn-around opportunity for a food service operator with experience. The current owner has been here for 34 years as an employee and then owner. Due to other responsibilities the owner has not been able to pay full attention to the business over the past few years and business has declined. Unfortunately they have also had to cut back days and hours. They are currently open only 5 days, Tu-Th 11am-9pm, Fri & Sat. 11am-10pm, CLOSED Sunday and Monday. The business has gross sales of approx. $338,000 last year (approx. $6,500/wk). It is only marginally profitable with the current management. What you are buying is a fully equipped, 1,400 sq. ft. location in the middle of a very affluent area with fantastic reviews. They have a beer & wine license and moderate parking. Additional parking is available across the street in the evening, during busy hours. They only offer very limited delivery right now. You would have a chance to negotiate the lease terms with the landlord. It would cost over $150K to build a location like this from scratch! We are seeking a serious and financially qualified buyer with at least $92K in liquid funds to cover the asking price and rent security. To learn more. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only!

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Business Operation

Employees:
1/3

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$100,000 (USD)
Inventory / Stock value:
$5,000 (USD)

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