An established Italian Style full service Pizzeria

Asking Price$239,000

Cash Flow
$60,000

EBITDA$45,000

Gross Revenue$750,000

Inventory$12,000
Not included in asking price
FF&E$130,000
Included in asking price
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An established Italian Style full service Pizzeria


Asking Price$239,000

Cash Flow
$60,000

EBITDA$45,000

Gross Revenue$750,000

Inventory$12,000
Not included in asking price
FF&E$130,000
Included in asking price
Business Description
A well established Pizzeria in the business for the last 10 years. Recently renovated with the new Paints, Phones, POS registers etc. The Pizzeria is located at the Queens Blvd right in the heart of Forest Hills. Its' a famous joint in the neighborhood which is surrounded by several schools and residential complexes. It's big shopping strip with Parlor, Liquor Shop, 7-11 shop and Thai and Mexican restaurants as Rosalia's neighbors.
About the Business
Years in Operation
10
Employees
10
Facilities & Assets
Entire Pizzeria which include the Pizza Oven, Pizza Station with low boy fridge, full Kitchen Equipment with Fryer, Ovens, Fridges etc. In the basement Walking Box, Furnished Office. Entire dinning furniture tables, chairs etc. Phones, Internet and POS registers
Website
http://www.rosaliaspizzeriany.com
Market Outlook / Competition
Since the School is closed and its' summer vacation all over. So the business is a little slow currently but come September it will be at the peak again.
Opportunities for Growth
I have a 2 small kids (both daughters) and not been able to focus on the business. I am kind of absentee owner. If the proper attention is given the food cost can be controlled, quality of food can be improved and with the adequate Marketing/ Advertising, the business has tremendous potential to grow. The bottom line can be improved significantly
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,500
Rent
$6,600.00 per month
Lease Expiration
9/1/2030
About the Sale
Seller Motivation
Personal Reasons, Family Situation
Transition Support
I can spend couple of weeks with the Buyer to co-ordinate with the staff members, vendors and update him/her on the market condition
Financing Options
No Finance from the seller. All payments at the closing.
Listing Info
ID
2394090
Listing Views
421
Business Location

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Business Listed by: shahrookh bodhanwala

Listing ID: 2394090 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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