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Gorgeous Pizzeria And Restaurant In Suffolk County For Sale

Suffolk County, New York
Asking Price:
$315,000 (USD)
Sales Revenue:
$676,000 (USD)
Cash Flow:
$130,000 (USD)

Gorgeous Pizzeria & Restaurant. New Construction. In a densely populated area of Astoria, this location was built with all high end finishes and brand new equipment. There are 18 hotels and 7 schools within 1.5 miles of this location. It is walking distance from Manhattan. The owner spent over $350K in the build out. It is a great location; 1,100 sq ft. with a POS system, cameras, full basement incl. walk-in boxes, office, even basement A/C. There is also a 1,000 sq. ft. backyard that can be used for outdoor seating. You can obtain a full 10 year the lease with a monthly rent of $5,500 (very fair for this area) and 3% annual increases. The business is fully staffed with a pizza man, 2 cooks one prep person and 2 delivery people. The business is currently averaging $13K.wk in sales (75% pizza sales) with a projected net cash flow of $130K this year. YOU CAN ADD BEER & WINE. The place is fully equipped with a full kitchen, incl. grill, custom brick oven for pizza, fryers, and much more... YOU MUST VISIT THE LOCATION! Just take a look at the pics. We are seeking a serious and financially qualified buyer with at least $315K in liquid funds to cover the asking price and 3 months rent security. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Another project.

Other Information

Support & training:

The seller will train the new owner.

Financing available:

315,000.00 Down & None.

Furniture / Fixtures value:
$350,000 (USD)

Contact Information

    1. Your Address

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