Motivated Sell-Over $550,000 in Sales-Miller Place/Sound Beach Area

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Asking Price:
$195,000

Gross Revenue:
$566,000
Cash Flow:
$75,420
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Get your slice of the pie by buying a well-established pizza business for sale doing over $550,000 in sales and net profits for the owner of $70,000 for sale in Long Island. Consistent year over year sales of more then $550,000 on clear books and records.
This location offered by We Sell Restaurants is located on Long Island in a hamlet that offers a population of over 7,000 residence. Locals in the surrounding residential neighborhood love visiting the great food and staff in place. Rating this location with 4 stars! The residence are not the only one visiting this pizza business for sale. Just minutes away from a popular Long Island beach many visitors flock to grab a slice a pie. The pizza isn't the only thing foodies come for. The menu has everything someone craving Italian can hope for. Stuffed pasta, calzones, plates of pasta, chicken dishes, keep mouths watering.
The current owner wants to make sure you keep the same quality of food with up to 2 weeks of training is provided at no extra charge. Clear books and records for this pizza business for sale have banks lining up. We Sell Restaurants partners with several lenders that have a quick turn around on loan approvals. Most Small Business Loans can be spread out over a ten-year term. Think about how affordable your monthly payments could be! Sales for the past two years are around half a million dollars per year. Large catering in place for the local fire department and pre-schools. The sales could easily be increased each year by increasing catering, delivery, advertising, and social media presence.
With nine years left on the lease and another five-year option, you have plenty of time to pay off a loan. Rent is unheard of $3700 a month for 1400 square foot. You have an ample amount of parking in with this freestanding building location. Fully equipped kitchen with two brick oven pizzas keeps those pie flipping into customer's hands. Storage is plentiful with a basement that has an office and storage. With all of that space for such a low price, this pizza business for sale is a rare opportunity.
If you are looking for a pizza business for sale that offers a family environment with a home town feel, look no further. This is the one for you!

About the Business

Location:
Sound Beach, New York
Year Established:
13
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
1,800
Rent:
$3,708.00 Per Month
Lease Expiration:
1/1/2028
Facilities:
Fully equipped Kitchen Hood Grease trap 2 brick pizza ovens flat top grill stove refrigerator single door freezers small top door freezer Dish washer leased 2 full size wine cooler 1 small wine cooler prep coolers prep tables Walk in boxes small appliances Tables and chairs storage shelving in kitchen and basement pots and pans small ware
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Pros Great residential location Catering for local pre-schools and fire department 4 star Yelp review Cons Multiple pizzerias in the local vicinity Little advertising and social media
Growth & Expansion:
Pros Can increase local advertising and social media presents Increase delivery and catering Cons limited indoor seating
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About the Sale

Reason For Selling:
Retirement
Training/Support:
yes, up to 2 weeks

Listing Info

ID:
1632945
Ad Detail Views:
489

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Business Listed by

Michael Kelly

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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