Asset Sale asking $350k - W / Property $1.1M - Prime Garden City Location - $700K Restaurant / Partner Dispute
New york (Nassau)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11727
Business Type:
Assets Sale / Closed / Great Location
Business Category:
Any Type of Closed Asset Sale
State:
New york
County:
Nassau

Other Information

Financial Information

Asking Price:
$350,000
Gross Income:
$
Cash Flow:
$0
Seller Financing:
 

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Business Description

Due to a Partner Dispute the Owner is forced to sell this prime Garden City location. This location was established 30 yrs ago , running as a very successful Pizzeria. 6 Months ago this location was fully renovated & set up with all top of the line equipment , furniture & fixtures. During the 6 months it was open it did $18k weekly but was forced to close due to a partner dispute. Spending over $700K in renovations this location can continue as a Pizzeria restaurant or bring your own concept in. Whatever your experience in the food industry , this place is fully set up & ready to go. Landlord is asking for $350k for this great location with a new favorable lease  and all equipment Furniture & fixtures or puchase the building with all contents inside for $1.1M. All permits & C/O's are in place. Turn key. Location has 4 Pizza Ovens , 1 Italian Rotating wood burning Pizza oven , Prep Tables , Fully set up kitchen , Ansul system , Glycol system , New 400amp 3 phase electric , Plumbing , Tables , chairs & everything needed to set up a successful food establishment. Location also has a full liquor license in place. Building is Single Floor / 2500 sq ft & taxes are $21000 per yr. Built in 1957. Heavy foot & auto traffic on main Rd. Huge Residential. This location was established 30 yrs ago , running as a very successful Pizzeria.

Listing Number : 11727

Business Listed By

Joseph Mesi

Email this List   631-271-1731
Email this List   631-236-8598
Email this List   joseph@eastcoaststores.com
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