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Owning Your Own Pizza Place Just Got More Expensive

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Amagansett's only pizza joint, Astro's Pizza and Felice's Restaurant, has been on the market since 2008 and they're finally getting around to changing the price. The only thing is, they've tacked on an additional $200K. The 40-year-old business is now asking $4.7M.

Why the sudden priceup? According to the listing agent, "The owner believes it's worth more given the location and scarcity of this type property in Amagansett." There's also a possibility that the three-bedroom apartment on the second floor could be converted into more space for the 3000 sq. ft. restaurant, though "that is not confirmed."

· Listing: Amagansett- Established Buisness [Sotheby's]
· Astro's Pizza and Felice's Restaurant [Official Site]