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Businesses For Sale   >>   Queens Businesses For Sale   

Pizzeria / Restaurant With Real Estate

Location  Queens County, New York, United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $1850000
Net Profit / Cash Flow  $600000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1990
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes available as needed (60 days anticipated)
Reason for Sale  Other investments and retirement

Description  
FAMOUS DESTINATION pizzeria/restaurant in Queens. Seats 85 and has stellar reputation and high profit, pristine condition which makes it an authentic turnkey business. Real Estate is included with as part of the offering. This is ideal for owner/operator family looking for long term quality investment with immediate significant positive cash flow, fully staffed pizzeria/restaurant and plenty of room to build the volume and profitability. It can easily support TWO households! You will be benefiting from a restaurant which is known for quality where every dish is made to order; nothing is processed or pre-cooked. Only the finest ingredients are used and the target is customer satisfaction. Whether dining in, delivered, or using the extensive in-house or take-out catering service, customers experience the highest quality food with the terrific service. The owners and operators of this restaurant, have been in the business for over 30 years. They continue to have passion for the business which has resulted in a well-run, clean and efficient operation. This is an unusual opportunity to be profitable from day one with plenty of growth potential both inside and outside of the restaurant. Restaurant is fabulous 3,000 square feet of service and table area plus 3,000 square feet of lower level storage, fully equipped prep area with kitchen, walk in, freezer, secure storage. Restaurant is in superior condition and serves beer and wine. There is an opportunity to add liquor for added profit. The product and labor costs are lower than industry averages due to the efficiency of the operation. With its excellent location, this facility can also be transformed into another type of cuisine. It has been extremely profitable and successful as an Italian restaurant/pizzeria. Real Estate taxes only $14,000.


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