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Business Sales & Acquisitions

Pizza & Burger Restaurant – Queens NYC

Price: $180,000

Location: Queens, New York

Industry: Food and Restaurants

Listing ID: 00030

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.

Listing Details

Gross Revenue: $430,000

Cash Flow: $135,000

FFE: $65,000

Training & Support:

Will provide as necessary.

Operation

Year Established: 1960

Year of Last Acquisition: 2011

Days & Hours of Operation: 7 days

Non-Owner Payroll: $6,600

Employees: 1 Full Time, 4 Part Time

Location

Monthly Rent: $ 2,575

Square Footage: 1400

Facilities Information:

1,400 sq. ft. store front + 1,400 sq. ft. 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.

Summary

Financing/Terms:

Down payment is negotiable.