This is quite the opportunity for an owner operator. This newly renovated, well-established Pizzeria Restaurant has been in business for over 20 years. The business generates between $38,000 to $40,000 in weekly sales. The building is split between a pizzeria section and a beautiful restaurant with a bar.
The restaurant was renovated in 2013 with the finest touches and attention to detail for over $700,000 and has seating for over 100 people. There is a 20 car parking lot adjacent to the building for customers to park their cars. The restaurant is walking distance to the Long Island Railroad and has addition parking right in front of it. That is why this place gets extremely packed on the weekends.
The location is a very hot location for restaurants. Tons of traffic from local clientele and established businesses nearby. The catering component of the business can be grown through the roof. The current owner has never been in the pizzeria business and this place is still doing tons of volume. An experience operator can really strive with this opportunity.
Gross Sales: $2,030,000
Net Income: $485,000 (conservatively)
RE Taxes: $32,000
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