π₯ Busy Queens Well-Known Restaurant + Separate Pizza Operation | $2.8M Gross | $350K+ Net | Owner Retiring 30+ Year Established | Dual Revenue Streams | New Long-Term Lease Offered | Prime Neighborhood Staple
An outstanding opportunity to acquire a well-established, high-volume restaurant and pizzeria located center stage in one of Queens’ most desirable, high-income coastal neighborhoods. With easy access to and from Manhattan, this business draws from both loyal local patrons and city visitors alike.
This iconic location is not only busy, but very well-known within a tightly-knit, long-established community. Owned and operated by the same individual for over 30 years, the business is now being offered as the seller looks to retire.
It’s a fully turnkey operation with two strong revenue streams and serious upside potential for the right buyer.
π§Ύ Business Breakdown:
π΅ $2.8 Million in Gross Annual Sales
π° $350K+ in Net Profit potential for a hands-on, experienced operator
π½οΈ $29,000/week in sales from the main full-service restaurant
π $26,000/week from a separate entrance pickup-only pizzeria
ποΈ Recent $200,000+ investment into the dining area, including a newly built bar to increase seating capacity and flow
πΌ Additional Highlights:
π Prime location in a sought-after coastal neighborhood with strong demographics and tight-knit community appeal
π§π€π§ Loyal customer base built over three decades
π’ Low rent – Landlord will offer a new long-term lease at $10,000/month all in to a qualified buyer
π¨π³ Fully staffed & operational
π Tremendous upside via expanded delivery, catering, third-party apps, and online branding
To give serious buyers full confidence, the seller is willing to allow a qualified buyer, with an agreed-upon offer and signed Letter of Intent (LOI), to work on-site for 2–3 weeks to verify sales and operational structure firsthand. This is a rare opportunity to “test drive” the business and validate its performance.
π Perfect For:
Veteran restaurant operators or hospitality groups looking for a high-performing location
Pizzeria professionals seeking expansion in a low-saturation, high-demand area
Owner-operators looking for a proven business with real, bankable cash flow
The financial information herein has been provided by the seller. East Coast Business Brokers & East Coast Realty Partners or its "brokers"agents" make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.