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Pizzeria Doing $36,000 Weekly for sale in Queens, NY

Queens, New York (NY)

Asking Price: Gross: Cash Flow:
$ 800,000 $ 1,845,000 $ 400,000

Furniture and Fixtures Value:
$ 3,000,000 (included in the asking price)

Real Estate:
$ 2,050,000 (not included in the asking price)

Business Summary:
What an opportunity to OWN this busy Pizzeria & Restaurant in the center of a dense Queens community with the ADDED Bonus of also purchasing the Real Estate Property. After 28 years in business the owners are looking to sell BOTH their business and property and their business is only getting better and busier. A more hands on operator/owner can only improve this Pizzeria as the trend continues to go NORTH. It is an amazing CASH COW netting $400,000. Seating for 85 people on the main level with 3,000 square feet plus a lower level of also 3,000 square feet for prep and private offices. The Pizzeria / Restaurant is doing a VERY healthy $36,000 in weekly sales and NETS $400,000. If interested in the business only, price will be $800,000 and the rent will be $12,500 monthly including Real Estate Taxes. Property is worth a ton of $$$ in this area as the real estate values are ONLY increasing. Operate the business and make real money, grow and improve the business and make more money AND create real wealth by owning the Real Estate Property for the next generation. If interested in purchasing the business & property, price is $2,850,000. This is a secure business as it has been established for 28+ years. Please refer to listing #12589 when inquiring about this opportunity.

 

   
Year Business was Established: 1987
   
Number of Employees: 28  
   
Owner willing to train: Yes  
   
Seller Reference Number: 12589
BusinessMart.com Listing Number: 186284
 

 

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For more info contact:

Ken Stein

Kensington Company & Affiliates
516-626-2211

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