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Nassau County Pizzeria & Property with 2 Apartments

Nassau County, New York

Asking Price: Gross: Cash Flow:
$799,000 $400,000 $90,000

Furniture and Fixtures Value:
$250,000 (included in the asking price)

Real Estate:
$0 (included in the asking price)

Business Summary:
This pizzeria is located right on a main road in the heart of Nassau County, close to all. There is plenty of potential to improve this pizzeria for a more hands on owner, as it is only doing $7,000 per week in sales. Even at only $7,000 per week in revenue this is a highly profitable operation because it is all slice business with low overhead expenses. The 1,200 square foot-24 seat pizzeria also has a full basement and front and rear entrances with parking in the back. The property includes 2 apartments collecting $3,600 per month in rental income, with real estate property taxes of $25,000. This is a great opportunity for a more motivated owner/operator to take over a great pizzeria AND own the property which also has additional rental income. Please refer to listing #14561 when inquiring about this opportunity.

 
   
   
Owner willing to train: Yes  
 

 

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