Run the Pizzeria Everyone’s Talking About – Secret Dough & Proven Succ
Business Description
Established pizzeria opportunity in Queens, NY featuring a proven business model with strong brand recognition and media coverage. Philomena's has garnered attention from NYC press, elevating it beyond a typical neighborhood establishment to a recognized destination.
BUSINESS OVERVIEW:
This thriving pizza restaurant generates $850,000 in annual revenue with seller's discretionary earnings of $120,000. The business operates from a 950 square foot leased space at $7,500 per month, providing an efficient operational footprint in Queens County.
UNIQUE VALUE PROPOSITION:
• Secret dough recipe creating competitive differentiation
• Established customer base with strong local following
• NYC press coverage building credibility and brand recognition
• Proven operational systems and processes
OWNERSHIP STRUCTURE:
The current owner seeks a partner to acquire 80% ownership while remaining as executive chef. This arrangement includes:
• Complete transfer of secret recipe knowledge
• Ongoing culinary leadership from experienced owner
• Continued social media management
• Training and operational guidance during transition
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $850,000
• Cash Flow: $120,000
• Asking Price: $250,000
• Inventory included in sale
• Established financial history available
LOCATION ADVANTAGES:
Queens location provides access to diverse customer demographics with strong pizza consumption patterns. The 950 square foot space offers efficient operations while maintaining reasonable overhead costs.
GROWTH POTENTIAL:
With established brand recognition, proven recipes, and experienced culinary leadership remaining in place, this opportunity presents significant expansion possibilities. The media attention already generated provides a strong foundation for continued marketing efforts and customer acquisition.
This turnkey operation combines the security of an established business with the growth potential of a recognized brand, supported by the continued involvement of the founding chef.
BUSINESS OVERVIEW:
This thriving pizza restaurant generates $850,000 in annual revenue with seller's discretionary earnings of $120,000. The business operates from a 950 square foot leased space at $7,500 per month, providing an efficient operational footprint in Queens County.
UNIQUE VALUE PROPOSITION:
• Secret dough recipe creating competitive differentiation
• Established customer base with strong local following
• NYC press coverage building credibility and brand recognition
• Proven operational systems and processes
OWNERSHIP STRUCTURE:
The current owner seeks a partner to acquire 80% ownership while remaining as executive chef. This arrangement includes:
• Complete transfer of secret recipe knowledge
• Ongoing culinary leadership from experienced owner
• Continued social media management
• Training and operational guidance during transition
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $850,000
• Cash Flow: $120,000
• Asking Price: $250,000
• Inventory included in sale
• Established financial history available
LOCATION ADVANTAGES:
Queens location provides access to diverse customer demographics with strong pizza consumption patterns. The 950 square foot space offers efficient operations while maintaining reasonable overhead costs.
GROWTH POTENTIAL:
With established brand recognition, proven recipes, and experienced culinary leadership remaining in place, this opportunity presents significant expansion possibilities. The media attention already generated provides a strong foundation for continued marketing efforts and customer acquisition.
This turnkey operation combines the security of an established business with the growth potential of a recognized brand, supported by the continued involvement of the founding chef.
About the Business
- Years in Operation
- 7
- Employees
- 12 (1 Full-time, 11 Contractors)
- Franchise
- This business is an established franchise
- Facilities & Assets
- Pizza restaurant with full kitchen, stove, grill and fryer in addition to the pizza station that includes a 3 chamber Moretti Forni electric oven and mixer that makes and bakes our signature pizzas. Seating 30ppl within the dining room, with ample space accommodating walk-ins for slices or placing orders.
- Website
- http://philomenasqueens.com
- Market Outlook / Competition
- In the heart of Sunnyside, Philomenas sits on Queens Blvd one block from 40th Street 7 train Q60 & Q32 bus from Manhhatan. Less than 15 minute train ride from Grand Central door to door. A prime location for all the pizza lovers that make the journey to stop by Philomenas making it a prime destination spot for pizza in Queens.
- Opportunities for Growth
- This is the best part of the deal, Philomenas is a established name for pizza in Queens. We have a full kitchen, adding one or two extra dishes could easily double sales. A forward minded partner can then take the blurprint of the menu and easily expand to other locations. We are sought out from all the amazing press weve gotten, form youtubers like herebebarr, binging with babish, charlie anderson, and dave portnoy, Philomenas is a name people associate with some of the top pizza in NYC.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 950
- Rent
- $7,500.00 per month
About the Sale
- Seller Motivation
- Running a pizzeria is extremely demanding, I’ve been carrying most of the load m
- Transition Support
- 1 month training perfecting the signature philomena pizza round and square pies. Indepth process of dough making philosophy, stretching round dough, working the line. Mastering the square dough process, traying to pans, parabake bake offs and topping final square pies. On call 24/7. support (lives right down street). In addition to all topping prep.
Listing Info
- ID
- 2418818
- Listing Views
- 42
Business Location
Listing ID: 2418818 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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