North Shore Restaurant/ Pizzeria Doing $28,000 Weekly

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Highly Profitable with Earnings of $275,000
Asking Price:
$599,000

Gross Revenue:
$1,450,000
Cash Flow:
$275,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

The seller has just announced the sale of his GOLD MINE business. The business is strong, highly profitable with earnings of $275,000. Location is a true AAA North Shore Location on Long Island with tons of walking traffic and cannot be duplicated in any town. The LEASE alone is amazing with 2- 5year options and a low rent of $7,200 including EVERYTHING, the Real Estate Taxes and CAM. This is an incredible North Shore Location. This Busy Pizzeria/Restaurant has real growth potential with huge developments in the area, including an apartment building with 140 units. This well-known pizzeria/restaurant on Long Island is a great opportunity for a buyer to purchase and just turn the key and make $$$. Tremendous opportunity to incorporate CATERING. With 3,500 square feet and over 80 seats and a full basement, also has outdoor seating for close to 40. Full liquor license, and an unbelievable LOCATION, this place truly has it ALL. Please refer to listing number 13569 when inquiring about this pizzeria/restaurant.

About the Business

Number of Employees:
20
Real Estate:
Leased
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Listing Info

ID:
1452849
Ad Detail Views:
885

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Business Listed by

Ken Stein

The Kensington Company

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