Asking $1.2M – High-Volume Restaurant, Pizzeria & Event Venue

$380K Net | Operator Upside to $500K+ with Chef Owner / Operator | $61K Weekly Gross

Scratch Kitchen | Established Brand | Event Venue | Seller Financing Available

An exceptional opportunity to acquire a high-volume, fully built-out restaurant, pizzeria, and event venue in a thriving Queens neighborhood. This well-known concept has built a strong local following, offering a distinctive pizza product, full scratch kitchen, and highly desirable private party rooms, with two separate liquor licenses for the location.

Generating approximately $61,000 in weekly gross sales, this business is perfectly positioned for continued growth, especially with major residential developments currently underway nearby. With over $1.7 million invested into the buildout, this is a true turnkey operation with significant infrastructure already in place.

Operator Opportunity

This business is perfectly positioned for a chef, owner-operator, or experienced restaurateur.

• The current owner oversees the front of house. An experienced operator can step into this role, maintain operations, and net approximately $350,000 annually.
• A chef/operator can take over the kitchen, eliminate top payroll, and increase cash flow to $500,000+.

The seller will fully prove all financials to a qualified buyer with proof of funds and an agreed offer based on the advertised cash flow.

Financial Overview

• Asking Price: $1,200,000
• Seller Financing: Available to qualified buyers with the right structure and offer
• Current Cash Flow: $380,000
• Upside Potential: $500,000+
• Weekly Gross Sales: $61,000
• Lease: Brand-new 10+ year lease at $14,500/month (all-in)

Key Highlights

• Two full kitchens (one newly built)
• Two Liquor Licenses at the location. 1 Bar, and 1 Back Bar. Huge Differentiation From Competition!
• Seating capacity for up to 190 guests
• Established event and private party revenue stream
• Recently updated with modern finishes
• Outdoor enclosed seating
• Strong brand recognition with a loyal, built-in clientele
• Located in a dense, high-income residential corridor
• Surrounded by ongoing residential development driving future growth
• Fully staffed and operational – turnkey transition

Additional Opportunity

The current owner, who is also the landlord, is open to structuring a future purchase option on the property within the lease. This creates a unique opportunity for a qualified buyer to secure the business now and potentially control the real estate at a later date, adding long-term upside and stability.

Value-Add Opportunity

While already profitable, the business is currently operating with a heavy payroll structure. A hands-on operator can immediately improve margins by tightening labor and increasing efficiency.

This is a rare combination of volume, brand, infrastructure, and upside—ideal for someone looking to step into a proven operation and scale profitability.

Buyer Requirements

• Self-funded buyers (seller financing available to qualified buyers)
• Must be an experienced operator (chef or front-of-house)
• No passive investors
• Proof of funds required prior to NDA and release of financials

This is a flagship-level hospitality opportunity with immediate cash flow and long-term upside driven by location, reputation, and surrounding growth.

Serious inquiries only. NDA & Proof of Funds required.