Queens Pizzeria- $38,000 Weekly

New York (Queens)

  • Asking Price: $1,200,000
  • Gross Income: $1,975,000
  • Cash Flow: $375,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $500,000
  • Listing ID: #212149
  • Established: 1980
  • Employees: 15

Business Description

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.

Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New York
County: Queens

Company Information

Year Established: 1980
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 15

Financial Information

Asking Price: $1,200,000
Gross Revenue: $1,975,000
Cash Flow: $375,000
FF&E: $500,000
Seller Financing Available: No

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Business Listed By:

Ken Stein

Kensington Company & Affiliates