Gorgeous Pizzeria Priced To Sell With Absentee Owner For Sale

Business description

This Gorgeous Pizzeria is in LIKE NEW CONDITION and is located in a Large Strip Mall with plenty of parking in Mid-Suffolk County. It is approximately 1700 sq. ft., seats-32 at tables and has a legal capacity for up to 48 people, Plus it has all Granite Counters and an 11-camera Surveillance System. This Pizzeria was put in ALL NEW just 6-yrs ago at a cost of approximately $375,000. It has an existing 10-yr Lease at only $3,951 per month (includes tax and cam charges). There gross sales range from $8,500 - $10,500 per week with ABSENTEE OWNERSHIP. It currently nets approximately $60,000 per year , but if you manage the store you should net an additional $800-$1,200 more per week (as represented on the cash flow of listing). The Seller will finance to an "experienced buyer" with a minimum of 60% down, but is the sale price is very negotiable with a cash-out offer.

Property information

Real Estate:

Lease

Lease terms:

It has an existing 10-yr Lease at only $3,951 per month (includes tax and cam charges).

Location:

This Gorgeous Pizzeria is in LIKE NEW CONDITION and is located in a Large Strip Mall with plenty of parking in Mid-Suffolk County.

Premises details:

The Pizzeria is approximately 1700 sq. ft., seats-32 at tables and has a legal capacity for up to 48 people, Plus it has all Granite Counters and an 11-camera Surveillance System. It was built ALL NEW just 6-yrs ago at a cost of approximately $375,000.

Size in square feet:

1,700

Other information

Expansion potential:

There is plenty of room for growth, as the owner operates this business TOTALLY ABSENTEE and does very little advertising.

Support & training:

Seller will assist with training

Reasons for selling:

Personal

Trading hours:

Open 7 Days

Owner financing:

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

Financing available:

The Seller will finance to an "experienced buyer" with a minimum of 60% down, but is the sale price is very negotiable with a cash-out offer.

Related documents:

• 
• Confidentiality Agreement