Established Pizzeria Forest Hills, Queens NY

Forest Hills, NY
Queens County


Asking Price: Annual Revenue:
$219,000 $832,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Pizzeria Forest Hills, Queens NY Broker: Ziggy Marszalek
Owner Financing is Available!
Amount: $69,000 Months Left: 36 Rate: 7.000000000000001% Monthly Payment: $2,130.52

Quick Facts

Asking Price: $219,000
Annual Revenue: $832,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 7
BBN Listing #: 369449666
Broker Reference #: 22581

Email or Print Listing

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Business Overview:

This long-established pizzeria is located on a busy road in Forest Hills, Queens, New York. The pizzeria is currently operating only days and is still doing $16,000 per week. The seller has moved his family out East and cannot do the daily commute.
The rent and the taxes are $5,200 a month and there is a brand new 10-year lease in place. The seller has priced it for a quick transaction.



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Property Features and Assets:

The rent and the taxes are $5,200 a month and there is a brand new 10-year lease in place. The seller has priced it for a quick transaction. Monthly Rent: $5,200 Lease Ends: 2032-01-02 Area: 1,500 sq/ft Building Type: Attached Terms and Options: 2.5%

Market Competition and Expansion:

Ask broker.

Reason for Selling:

Relocation out of State.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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