Turnkey Pizzeria and Catering Business for Sale - A Selden Gem! Opportunity knocks in the heart of Selden! This thriving, well-established pizzeria isn't just about pizza-it's a culinary destination known for delivering top-notch food and impeccable service. With a loyal following of locals and visitors alike, this business has built a rock-solid reputation for quality, consistency, and mouth-watering offerings. Whether you're looking to run a dynamic pizzeria or expand your catering services, this turnkey operation has everything you need to succeed. The restaurant comfortably seats up to 96 guests, creating the perfect setting for casual dining or larger gatherings. The fully equipped kitchen is outfitted with modern appliances and fixtures, ensuring smooth and efficient operations from day one. Whether it's serving up fresh, handcrafted pizzas or fulfilling catering orders, this kitchen is designed for performance. In addition to the in-house dining experience, the business offers both on-premises and off-premises catering services, extending its reach and boosting revenue. Located in a high-traffic area of Selden, this business enjoys exceptional visibility, with a constant flow of foot and vehicle traffic throughout the day. A favorable lease is already in place with renewal options, providing peace of mind for the next owner. This prime location, combined with a strong presence in online marketing, ensures that business stays booming. With consistent sales and excellent gross profit margins, this pizzeria is already a well-oiled machine, primed for continued growth. The owner guarantees $2. 5 million in gross annual sales, giving you confidence in the value of this investment. At 3000SF there is plenty of room to seat up to 96 people comfortably. This is a rare opportunity to take over a turnkey restaurant with an established customer base and a smooth operational flow. From the savory pizzas and sides to the expertly managed catering services, Capellini offers endless potential. Appointments only-schedule your private tour today and see for yourself why this pizzeria is the crown jewel of Selden. Via the owner: DO NOT speak to any employees. This is CONFIDENTIAL, Thank you.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,999 | $799,999 | $799,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,542 | $4,991 | $6,697 |
Total Monthly Payment | $4,634 | $5,083 | $6,789 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.