Queens Pizzeria In Lively Growing Area For Sale - Business for Sale
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Semi-Absentee Pizzeria with Seating in Queens, NY
Queens, NY, US
Added 26 days ago
Pizzeria / Restaurant
Absentee / Semi-Absentee
Pizzeria located on a busy corner in Queens, NY, operating with semi-absentee ownership and offering indoor and outdoor seating.
Key Information
Asking
$499K
Revenue
$1.1M
Earnings
$225K
Multiple
2.2x
Key Highlights
- Rent: $33,600 per year with $100 annual increase; 7 years plus 5-year option remaining; first right of refusal
- 4 full-time and 1 part-time employees
- Owner works less than 20 hours per week (semi-absentee run)
- 80% of sales are pizza
- Seating for 10 inside plus full outdoor seating
- Full basement with prep area, refrigeration, and office
Contact Info
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