Busy Pizzeria Queens County, NY 32195

Not Disclosed, NY
Queens County

Asking Price: Annual Revenue:
$299,000 $884,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Busy Pizzeria Queens County, NY 32195 Broker: Mel Vaz

Quick Facts

Asking Price: $299,000
Annual Revenue: $884,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 7
BBN Listing #: 4554447
Broker Reference #: 32195

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Business Overview:

Stunning Pizzeria - 80% Delivery. Mint condition. THE CURRENT OWNERS ARE ONLY THERE 5 Hours/DAY. Located in a densely-populated area of N. Queens, this location was built with all high-end finishes and equipment. There are 18 hotels and 7 schools within 1.5 miles of this location. It is in walking distance from Manhattan. The space is 1,100 square feet with a POS system, cameras, full basement including walk-in boxes, office and even basement A/C. There is also a 1,000 square feet backyard that can be used for outdoor seating. There are 9 years left on the current lease, with a monthly rent of $4,250 (very fair for this area) and 3% annual increases. The business is fully-staffed with a pizza man, two cooks, one prep person, one dish washer and two full-time delivery people. That does not include the part-time owners. The business is currently averaging $17,000/week in sales (80% delivery), with a projected net cash flow of $150,000 this year. You can add beer and wine. The place is fully-equipped with a full kitchen, including grill, custom brick oven for pizza, fryers, and more. You must visit the location- just take a look at the pictures. We are seeking a serious and financially qualified buyer with at least $200k in liquid funds to cover the asking price and three months' rent security. To learn more, please contact Mel Vaz today or email us. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

Broker Info

Melvin L. Vaz

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Reason for Selling:

Partnership split.

Additional Details:

  • The property is owned.
  • 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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