Busy Pizzeria Restaurant & Property For Sale
www.GlobalBX.com
Listing ID:
700199260
Listing Title:
Busy Pizzeria Restaurant & Property For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=199260
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
New York
Area
City:
Nassau County
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$675,000
Cash Flow:
$125,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2002
Number of Employees:
10 - 19
Business Description:
This busy pizzeria-restaurant is located right in the heart of Nassau County, close to where all the action is and the property can be PURCHASED. Why rent when you can be the landlord, own the restaurant-pizzeria and pay YOURSELF Rent AND collect rent from other tenants. They have a great location surrounded by tons of commercial businesses, schools, office buildings, hospitals, medical building plus a very vibrant residential community. It has a great balance in sales from commercial and residential customers. There is plenty of potential to improve an already successful model. The business currently has short hours and the revenue is over $650,000. The restaurant has seating for 70 people: 20 in the pizzeria and an additional 50 in the spacious dining room. The 2,200 square foot restaurant also has a full basement with office and surveillance system, as well as a full liquor license. Both the restaurant and property are available: the restaurant is priced at $330,000, and the property can be included for a total of purchase price $995,000. The property includes apartments over the store collecting $4,000 per month. This is a great opportunity for a more motivated owner/operator to take over a great pizzeria restaurant in the ideal location AND also purchase the property. Please refer to listing #11639 when inquiring about this opportunity.
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