Queens Pizzeria Doing $25,000 Week / Net $250,000

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Priced Reduced- Owner Must Sell! Now Only $550,000
Asking Price:
$550,000

Gross Revenue:
$1,300,000
Cash Flow:
$250,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$350,000
included in asking price

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Business Description

This is your chance to own a popular pizzeria in Queens with sales of $25,000 weekly. They have a TRUE AAA CORNER LOCATION right on a main avenue in the heart of Queens. Rezoning area and new construction every day. Established well over 50 years, the Pizzeria is small and very easy to operate. This is a turn-key opportunity with a full kitchen, pizza ovens and seating for 40. Heavy Foot Traffic 24/7 and Rent at 7% of Sales, with little effort, sales and profits could soar for a new owner. Close to everything. Please refer to listing number 13315 when inquiring about this opportunity.

About the Business

Year Established:
1965
Number of Employees:
15
Real Estate:
Leased
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Listing Info

ID:
1375456
Ad Detail Views:
1335

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Business Listed by

Ken Stein

The Kensington Company

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Source: American Community Survey (2010-2014), United States Census Bureau.

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