Queens Pizzeria- $38,000 Weekly with Low Rent

Not Disclosed, NY
Queens County

Asking Price: Annual Revenue:
$1,200,000 $1,975,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Queens Pizzeria- $38,000 Weekly with Low Rent Broker: Ken Stein

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,975,000
Net Profit: Not Disclosed
Cash Flow: $375,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 15
BBN Listing #: 1824701
Broker Reference #: 13935

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Business Overview:

What an opportunity to OWN this busy Pizzeria in the center of a dense Queens community. After 40 years in business the owners are looking to sell their business. It is an amazing CASH COW netting $375,000. Seating for 40 people with 2,200 square feet. The Pizzeria is doing a VERY healthy $38,000 weekly average sales and NETS $375,000. This is a corner location with a long lease and the rent is only $6,500 monthly which includes real estate taxes. That rent is only 4% of the Gross- UNHEARD OF! The lease alone is INVALUABLE! This is a secure business as it has been established for 40+ years. Please refer to listing #13935 when inquiring about this opportunity.

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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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