Absentee $12k/wk Pizzeria-Restaurant
Queens County, NY

Financing: $350,000.00 Down and Negotiable

Reason for Selling:Retirement

PRICE REDUCTION !!! Absentee $12k/wk Pizzeria-Restaurant. This is a beautiful and modern store that was built from scratch by the current owners. The owners only go to the store only a few hours per week. They have a full staff and management in place. PAYROLL MUST BE REDUCED BY A QUALIFIED OPERATOR. IT IS CURRENTLY $2,500/wk. They offer take-out and delivery as well as table service. The store is located on a corner in a very affluent area of Queens. They have street parking in front and on side streets. There is also plenty of foot traffic in this area. The restaurant has 55 seats and they hope to obtain permits for an additional 22 outdoor seats. In the past year the business has grossed approx. $624,000.00 with a net income of approx. $155,292.00. RUN ABSENTEE! The current owners do not cook. This business is a good opportunity for anyone with the liquid capital. A family could run this business and reduce payroll or a Wall-Street type could run this on a more absentee basis as it is full staffed and can run itself with limited oversight. We are looking for serious and qualified buyers only! Candidates must have some pizza experience and at least $350K in liquid capital to cover the down payment, deposits and working capital. Call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com.