Pizzeria & Italian Restaurant – Long Island City, NY

Price: $150,000

Location: Long Island City

Industry: Food and Restaurants

Listing ID: 00714

This well-established family-owned Pizzeria and Italian Restaurant focuses on fresh gourmet brick oven pizza and homemade pasta and Italian family hospitality. In addition to pizza, their extensive menu includes fried calamari, fried fish, mussels, soups, salads, sandwiches, calzones, panini wraps, seafood, and more. They provide catering services for parties or events and take-out / delivery through Slice, GrubHub, Seamless, and UberEats.

This Pizzeria and Italian Restaurant facilities are approximately 1200 SF which includes a full basement plus an 800 SF Patio area.  The inside dining area can accommodate approximately 12-15 people.  The outside patio area can accommodate 40+ people.  The facility includes a brick oven, full kitchen and prep areas, walk-in refrigerator and freezer, and beverage case. The staff is dedicated and well trained, providing high quality customer service.

They are open 7 days week, Monday – Sunday. Located in a friendly neighborhood area with nearby hotels, businesses, schools, and parks.

Seller will provide hands-on training to ensure a smooth transition.

For more information, please contact: [email protected]

  • Asking Price: $150,000
    • FF&E: $30,000 (included in price)
    • Annual Cash Flow: $105,000
    • Gross Revenue: $720,000
    • Inventory: $8,000
    • Employees: 3 FT 2 PT
    • Monthly Rent: $4,850
    • Security Deposit: $13,500
    • Down Payment: Negotiable
    • Open: 7 Days a week
    • Building Size: 1200 SF with Full Basement Plus an 800 SF Patio
    • Established: 2013

Reason for Selling: Owner is moving.

Listing Details

Gross Revenue: $720,000

Cash Flow: $105,000

FFE: $30,000 (Included in Price)

Inventory: $8,000

Reason For Sale:

Owner is moving.

Training & Support:

Owner will provide training and support.

Operation

Year Established: 2013

Days & Hours of Operation: 7 Days week

Employees: 3 FT 2PT

Location

Security on Lease: 13500

Monthly Rent: 4850

Type of Location: Single location

Square Footage: 1200 SF with Full Basement Plus an 800 SF Patio

Summary

Potential Growth:

There is plenty of room for potential growth and development.