20+ Year Established And Popular Pizzeria For Sale - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🍕
Long-Established Pizzeria in Queens, NY
Queens, NY, US
Added 1 month ago
Pizzeria / Restaurant
Absentee / Semi-Absentee
A pizzeria with over 40 years of history and the same owner for more than 20 years is offered for sale in Queens, New York, operating with 35 seats and both pizza and kitchen menu items.
Key Information
Asking
$429K
Revenue
$1.2M
Earnings
$250K
Multiple
1.7x
Key Highlights
- Rent is $4,600 per month with an 11-year lease and $100 annual increase
- Payroll is $6,200 per week
- Real estate taxes are $866 per month
- Water expense is $133 per month
- Business has been established for over 40 years with the same owner for over 20 years
- 35 seats available
- Sales mix is 50% pizza and 50% kitchen items
- Payment mix is 40% credit card and 60% cash
- Owner works 3-4 days per week (semi-absentee)
- Full prep area and storage basement included
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence