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Pizza & Burger Restaurant For Sale
Location: United States -> New York -> New York City Area -> Flushing
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Asking Price: $180,000

Great opportunity! This business has been established in the great neighborhood of Flushing, Queens for 45 years. The current owner gave the business a much needed renovation, which makes this restaurant an excellent investment. The atmosphere of the restaurant along with the menus and packaging are extremely professional and appealing. Although the business specializes in burgers (the restaurant sells 16 different burgers!), the menu is incredibly diverse and includes: pizza, rotisserie chicken, sandwiches, salads, and wraps.

Down Payment: Negotiable
Training & Support: Will provide as necessary.

Year Established: 1960
Last Acquired: 2011
Days & Hours of Operation: 7 days
Non-owner Payroll: $ 6,600/month
Employees: 1 Full Time, 4 Part Time
Absentee Owner: No

Monthly Rent: $ 2,575
Square Footage: 1,400 square feet store front + 1,400 sq. ft. basement = 2,800 square feet

Facilities:
1,400 square feet store front + 1,400 square feet clean and organized basement. 45 seats, walk in cooler and freezer. Fully equipped kitchen with pizza oven, soda & beer taps. The monthly rent is $2,550 with 3% esc. Very nice location in Flushing, Queens. 1 FT employee and 4 temp (including the delivery boys) - $1,550/week (around $6,600/month). Open 7 days 11am-9pm, until 10pm on Sunday.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $430,000
Cash Flow:   $135,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1960
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will provide as necessary.

Photos

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Pizza & Burger Restaurant For Sale Photo 1




Print Listing Id: 700226348
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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