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High Volume Pizzeria In Queens For Sale

Queens, New York, US
Asking Price:
$525,000 (USD)
Sales Revenue:
$1,300,000 (USD)
Cash Flow:
$210,000 (USD)

High Volume Pizzeria in Prime Location. This business is just steps away from a major University and surrounded by residential homes and apartments. They have been established for 11 years and offer eat-in, take-out and delivery (each makes up approx. 33% of the business). In the past year the business grossed approx. $1,300,000 ($25K/wk average sales) with a net profit of approx. $210,000.00. They have a full staff of 6 F/T and 4 P/T employees. An owner can act in a management capacity, but industry experience is a definite plus. There are 14 years left on the current lease with a rent of $8,000/mth for a prime corner location. The store is 1,050 sf. with a full 1,050 sf. basement. The location is fully equipped. We are seeking a serious and financially qualified buyer with at least $350K in liquid funds to cover the down payment. Proof of funds will be requested prior to meeting with the owner. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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Business Operation

Reasons for selling:

Moving out of state.

Employees:
6FT/4PT
Years established:
2009

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

350,000.00 Down & $175K over 3 yrs. @ 6%

Furniture / Fixtures value:
$200,000 (USD)
Inventory / Stock value:
$2,500 (USD)

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