Established and Profitable East Meadow Italian Restaurant and Pizzeria For Sale. 2021 Sales Exceeded $400,000 with Owner Earnings of $58,000. Turn-Key and Perfect for an Owner Operator. Easy to Manage and Attractive Lease rate. Open over 15 Years.
Centrally located with a loyal customer base, this Italian Restaurant and Pizzeria for Sale is known for great food, an amazing staff and reasonably priced menu. Open and operating successfully for 15+ years serving delicious Italian food resulting in online reviews that are consistently wonderful and representative of an amazingly loyal customer base. Catering and delivery are the staples to the current success. All this translates to a perfect opportunity for the new owner.
This established and profitable East Meadow Italian Pizzeria for Sale by We Sell Restaurants is operated in a 1000 square feet space with a layout to accommodate 24 seats for guests looking to dine in. The front area showcases their delicious pizzas on display along with two pizza ovens. The kitchen is fully equipped for any chef to prepare all the appetizer, entrees and desserts. Low monthly rent at 8% of sales translates to profits!. The current lease runs through to 2023 with a 5-year extension.
With a population of 37,796 people and six constituent neighborhoods, East Meadow is the 28th largest community in New York. East Meadow home prices are not only among the most expensive in New York, but East Meadow real estate also consistently ranks among the most expensive in America. What an amazing place to own and operate your own business.
This Established and Profitable East Meadow Italian Pizzeria for Sale comes with trained staff in place and is ready for a new owner to continue to grow the business. Never owned a restaurant before, no worries!! The current owner will train you on the daily operation, along with sharing the secrets recipes used to create all the delicious items on the menu. Don't miss out on this amazing opportunity to be your own boss and in a community that is thriving.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
Please click on the tab below to easily acknowledge confidentiality on this Pizzeria For Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Steve Weinbaum at (770) 714-4552Lease Term: remainder of Current Term
Monthly Rent: $3,900,
Indoor Seating: 14
Inside Sq. Ft: 1,260,
Hood System: Yes
Hours Open: 11-8
# of Part-Time Employees: 4
# of Full-Time Employees: 2
Net Sales: $403595.00
Owner Benefit: $58638
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