Asking Price: $689,000
Gross Income: $1,196,000
Cash Flow: $227,532
Great opportunity to own this Restaurant Pizza Concept with a full bar. This lively concept is located in a popular neighborhood in Queens, NY that specializes in Napolitan style pizza, fresh homemade pasta, artisan drinks and pizza classes. This is a great place for all ages. They are currently doing 23-25K a week in gross sales and has a NET of over 225K a year. The business has a 15 year lease with a rent 6,800 a Month. There is a second location in Brooklyn that can be added in as part of this deal. The owner is willing to hold a small note for a qualified buyer and will stay on for a short period of time to have a smooth transition.
The financial information herein has been provided by the seller. East Coast Business Brokers & East Coast Realty Partners or its "brokers"agents" make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.
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