Businesses For Sale > Business For Sale in Long Island, New York (NY)
Pizzeria Doing $48,000 Weekly / Net $500,000 for sale in Long Island, NY
Long Island, New York (NY)
Asking Price: |
Gross: |
Cash Flow: |
$ 1,500,000 |
$ 2,500,000 |
$ 500,000 |
Furniture and Fixtures Value:
$ 1,000,000 (included in the asking price)
Business Summary:
The seller has just announced the sale of his GOLD MINE business. The business is strong, highly profitable with earnings of $500,000!! Location is a true triple AAA North Shore Location on Long Island with tons of walking traffic and cannot be duplicated in any town. The LEASE alone is worth a million bucks with 15 years and $9,000 RENT including EVERYTHING, the Real Estate Taxes and CAM. RENT is about 4 ½% of sales which is really UNHEARD for this incredible North Shore Location. Increasing Sales of this highly profitable business is a NO-BRAINER as this establishment does NOT DELIVER. This Busy Pizzeria/Restaurant has real growth potential because they do not DELIVER and that should account for at least a 20% spike in business, bringing it to close to $60,000 per week in sales. This well-known pizzeria/restaurant on Long Island is a great opportunity for a buyer to purchase and just turn the key and make $$$. Partner dispute has this on the market and it is a RARE sale because these types of places are handed down generation to generation and usually are NOT sold. When you find out where this location is, you will agree that it is RECESSION PROOF. This STATE OF THE ART Pizzeria/Restaurant is SO BUSY that they always have long lines, even with seating for 100 guests. They have a full basement, a full liquor license, and an unbelievable LOCATION, this place truly has it ALL. Please refer to listing number 12861 when inquiring about this pizzeria/restaurant.
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Year
Business was Established: 2010 |
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Number of Employees:
25 |
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Owner
willing to train:
Yes |
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Seller Reference Number: 12861
BusinessMart.com Listing Number: 194557 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Ken Stein
Kensington Company & Affiliates
516-626-2211
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