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Italian Restaurant with a AAA Location

Queens, New York

Asking Price: Gross: Cash Flow:
$375,000 $1,200,000 $135,000

Furniture and Fixtures Value:
$400,000 (included in the asking price)

Business Summary:
This Italian Restaurant / Pizzeria is located on very busy street in Queens. The restaurant has been servicing their clients at the same AAA location for 40+ years. They have a full liquor license with a separate bar area. This is a great opportunity for someone to acquire a popular restaurant with a loyal regular clientele. All employees and chefs are in place for a smooth transition. It has two dining rooms with seating for 150 customers. One of the dining rooms can be used for private parties. There is HUGE potential to develop the delivery business to all the commercial businesses in the area. They are close to all the main transportation hubs, numerous apartments and municipal buildings. Currently pizza accounts for less than 20% of their sales which can easily be grown. The only reason this landmark is being sold is due to the owner’s health which is forcing him to sell. Please refer to listing #11940 when inquiring about this listing.

 
   
 

 

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