Mint Pizzeria With 33 Year Lease And Low Rent
Location New York,United States
Asking Price Range < $250K
Gross Revenues $479263
Net Profit / Cash Flow $123638
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2011
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description A MUST SEE! Beautifully remodeled pizzeria in Suffolk County. This is a turn- key opportunity. You do not have to spend a penny. All kitchen equipment, electrical, HVAC is brand new. It even has a state-of-the-art POS system. One of the best leases I have seen, 13 years, plus four 5 year options. THAT'S A 33 YEAR LEASE. Rent is only $2,980 (incl. tax and CAM) for a 1500 sq. ft. space with seating for 16. They mainly offer take-out lunch and dinner as well as catering. The current owner has an hour commute (each way) and an opportunity to buy a store much closer to his home. He also does NO cooking or pizza work. He has 7 employees and a weekly payroll of $2,250 (or $117,000/yr.) A new, hands-on owner can work the business and increase the volume while reducing payroll. The business has incredible growth potential and continues to grow daily. Current sales average $10,000/wk. The business is ONLY OPEN 6 DAYS PER WEEK. CLOSED ON MONDAYS. We are looking for an owner/operator or someone with pizza experience to come in and scoop up this steal of a deal. Call or email Mel Vaz today to learn more at 631-909-1095. Serious inquiries only!
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