Financial Information


  • Asking Price: $1,000,000

  • Gross Income: $2,860,000

  • Cash Flow: $352,000

Description

๐Ÿ”ฅ Busy Queens Well-Known Restaurant + Separate Pizza Operation | $2.8M Gross | $350K+ Net | Owner Retiring
30+ Year Established | Dual Revenue Streams | New Long-Term Lease Offered | Prime Neighborhood Staple

An outstanding opportunity to acquire a well-established, high-volume restaurant and pizzeria located center stage in one of Queens’ most desirable, high-income coastal neighborhoods. With easy access to and from Manhattan, this business draws from both loyal local patrons and city visitors alike.

This iconic location is not only busy, but very well-known within a tightly-knit, long-established community. Owned and operated by the same individual for over 30 years, the business is now being offered as the seller looks to retire.

It’s a fully turnkey operation with two strong revenue streams and serious upside potential for the right buyer.

 

 


๐Ÿงพ Business Breakdown:

๐Ÿ’ต $2.8 Million in Gross Annual Sales
 

 

  •  

๐Ÿ’ฐ $350K+ in Net Profit potential for a hands-on, experienced operator
 

 

  •  

๐Ÿฝ๏ธ $29,000/week in sales from the main full-service restaurant
 

 

  •  

๐Ÿ• $26,000/week from a separate entrance pickup-only pizzeria
 

 

  •  

๐Ÿ—๏ธ Recent $200,000+ investment into the dining area, including a newly built bar to increase seating capacity and flow
 

 

  •  

 

 


๐Ÿ’ผ Additional Highlights:

๐Ÿ“ Prime location in a sought-after coastal neighborhood with strong demographics and tight-knit community appeal
 

 

  •  

๐Ÿง‘‍๐Ÿค‍๐Ÿง‘ Loyal customer base built over three decades
 

 

  •  

๐Ÿข Low rent – Landlord will offer a new long-term lease at $10,000/month all in to a qualified buyer
 

 

  •  

๐Ÿ‘จ‍๐Ÿณ Fully staffed & operational
 

 

  •  

๐Ÿš€ Tremendous upside via expanded delivery, catering, third-party apps, and online branding
 

 

  •  

 

 


๐Ÿงฉ Unique Buyer Advantage:

To give serious buyers full confidence, the seller is willing to allow a qualified buyer, with an agreed-upon offer and signed Letter of Intent (LOI), to work on-site for 2–3 weeks to verify sales and operational structure firsthand. This is a rare opportunity to “test drive” the business and validate its performance.

 

 


๐Ÿ“ˆ Perfect For:

Veteran restaurant operators or hospitality groups looking for a high-performing location
 

 

  •  

Pizzeria professionals seeking expansion in a low-saturation, high-demand area
 

 

  •  

Owner-operators looking for a proven business with real, bankable cash flow
 

 

  •  

 

 


๐Ÿ“ฉ Serious inquiries only – NDA and proof of funds required for confidential information.

 

 


Contact:
Joseph Mesi
East Coast Business Brokers
๐Ÿ“ฑ 631-236-8598
โœ‰๏ธ joseph@eastcoastbusinessbrokers.com
๐Ÿ“ธ Instagram: @business4salebyjoe

Property Information

  • Listing Number: 12537
  • State: New york
  • County: Queens

People Also Viewed

Subscribe to Our Listings!

Subscribe to get latest updates and information of listings.