Business Summary:
LISTING ID # 35960Growing Local Pizzeria - Same Owner for 31 Yrs. Major Price Reduction! Located in a large shopping center in Suffolk County, it offers easy access and ample parking. The business owner has built a solid name and reputation by providing quality food and service. This is the “old school” local pizzeria you remember. Sales continue to grow year over year. 2020 gross sales were $987,000. 2021 gross sales were $1.031 mil. 2022 gross sales were $1.053 mil., and 2023 sales are up again. Owner’s cash flow for the most recent year was approx. $150,000. The store is a bit dated, but the front end can be renovated for a relatively low expense. All furniture, fixtures and equipment are in working order. A new owner can add a beer & wine license. Although the owner is looking to slow down, he would be happy to stay on as a part-time employee. Outside of the owner, there are 2 FT and 6 PT employees, including a pizza man, cook, counter and delivery people. They are also enrolled with several major delivery apps. The space is 1,050 sf. with a rent of $5960/mth. That includes, CAM and taxes. No basement. There are 5 years left on the current lease, but that can be extended for a well-qualified buyer. We are seeking a serious and financially qualified buyer with at least $199K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or [email protected]. All site visits must be discreet. Please do not speak with anyone when visiting the location.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35960 for instant access to this business information.
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