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Businesses For Sale   >>   Absentee Businesses For Sale   

Pizza & Burger Restaurant For Sale

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $430000
Net Profit / Cash Flow  $135000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1960
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Will provide as necessary.

Description  
Asking Price: $249,000 Great opportunity! This business has been established in the great neighborhood of Flushing, Queens for 45 years. The current owner gave the business a much needed renovation, which makes this restaurant an excellent investment. The atmosphere of the restaurant along with the menus and packaging are extremely professional and appealing. Although the business specializes in burgers (the restaurant sells 16 different burgers!), the menu is incredibly diverse and includes: pizza, rotisserie chicken, sandwiches, salads, and wraps. Down Payment: $ 110,000 Training & Support: Will provide as necessary. Year Established: 1960 Last Acquired: 2011 Days & Hours of Operation: 7 days Non-owner Payroll: $ 6,600/month Employees: 1 Full Time, 4 Part Time Absentee Owner: No Monthly Rent: $ 2,575 Square Footage: 1,400 square feet store front + 1,400 sq. ft. basement = 2,800 square feet Facilities: 1,400 square feet store front + 1,400 square feet clean and organized basement. 45 seats, walk in cooler and freezer. Fully equipped kitchen with pizza oven, soda & beer taps. The monthly rent is $2,550 with 3% esc. Very nice location in Flushing, Queens. 1 FT employee and 4 temp (including the delivery boys) - $1,550/week (around $6,600/month). Open 7 days 11am-9pm, until 10pm on Sunday.


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