North Shore Pizzeria - Restaurant
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $1030415
Net Profit / Cash Flow $179209
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1980
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description $20K/wk North Shore Nassau Pizzeria-Restaurant. It is actually two connected store fronts. One is a take-out pizzeria and the other is a well-respected Italian Restaurant. The store is located on the main street in this very affluent North Shore town. They have street parking in front and a rear lot for over 200 cars. The restaurant has over 100 seats. The pizzeria has over 30 seats. Together they have over 3000 sq. ft. SALES ARE UP 16-18% IN 2012. In 2011, they grossed approx. $1,040,000.00 with a Net Income of approx. $168,170.00. The business is ideal for a family run operation. Payroll can be reduced. Delivery can be increased. The restaurant business can be greatly increased to complement the steady pizzeria. We are looking for serious and qualified buyers only! Candidates must have some pizza experience and at least $350K in liquid capital to cover the down payment, deposits and working capital. Call or email Mel Vaz today at 631-909-1095.
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