Highly Profitable Astoria Pizzeria for Sale

Astoria, NY
Queens County


Asking Price: Annual Revenue:
$225,000 $800,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Highly Profitable Astoria Pizzeria for Sale Broker: dave nagar

Quick Facts

Asking Price: $225,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: ny
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 844643943
Broker Reference #: Not Disclosed

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Business Overview:

Great Queens Location with Low Rent.

With nearly $800,000 in annual sales, this is a great opportunity to own a busy high volume (low rent) profitable pizzeria & restaurant in the heart of Astoria. The business is very profitable that nets approximately $250,000 and is located on a busy high traffic commercial street surrounded by densely populated residential area. The weekly sales average in the $15,000 - $16,000 range. The pizzeria has a great below market rent of only $2,000 per month (600 square feet retail area along with a 1,100 square feet basement that has a full kitchen, prep-area, and walk-ins) with 8-years remaining on the lease! The restaurant does a healthy delivery business and has a great balance of commercial and residential customers. This is a turn-key opportunity with a full kitchen, professional bakers pizza oven and a staff of 11 (6 kitchen & 5 delivery workers). This pizzeria/restaurant represents a great opportunity to grow an already established well-known location. Seller has owned the business for over 2 years and is looking to focus on his other food business located in a different borough. This business is a GREAT OPPORTUNITY for an easy low cost conversation (optional) in to an approved top brand pizza franchise, providing an even more profitability from franchise marketing and potential resale value of this business.
The business is listed at a bargain sale price of only $225,000, a substantial discount to the start-up cost. You have to see it to believe the offer of a lifetime. For additional information contact Dave Nagar.

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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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