Profitable Pizza Business for Sale, Nassau County

Nassau County, NY

Seller Financing Available
Profitable Pizza Business for Sale, Nassau County
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Asking Price: Get Financing: $255,000

Cash Flow: N/A

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $75,000

Inventory: $5,000*

Established: 1997

*not included in asking price.

Profitable Pizza Business for Sale, Nassau County

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Business Description

We are the exclusive agents for this pizza store located on a major artery, ideally located in a small shopping center in central Nassau. The owner has been operating the business for nearly 20 years and has reached retirement age. He estimates that 80% of the business is take-out, serviced by four deliverymen. Each deliveryman is paid hourly and uses their own vehicles. The store has a full menu at reasonable prices and in addition to a variety of pizzas, features appetizers, salads, soups, wraps, pasta & entrées (shrimp scampi, etc).

Detailed Information

Inventory:
Not included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The store is 1,100 sq. ft. with seating for 24, at six (6) tables with two (6) pie pizza ovens (gas) and a fully equipped kitchen. The store’s rent is approximately $3,600 a month (includes tax & Cam charges) and it is expected that the owner will provide a new 5 year lease, with a 5 year option to the Buyer.
Financing:
50% of Purchase Price at 6% for 7 years, at Seller's discretion.
Support & Training:
Seller will remain for two week period to transition the business.
Reason for Selling:
Seller has reached retirement age.
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Contact the Seller

(from currently available funds)
 
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Angelo A. Ferrara

Business Listed By:
Angelo Ferrara

Rapt Enterprises Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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