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Italian Restaurant & Bar $1.6M Revenue $263K SDE For Sale

Queens, New York, US
Asking Price:
$480,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,598,898
Cash Flow:
$263,859

HS Listing ID-70631

A staple of the Long Island City dining scene for over 10 years, this Neapolitan pizza-centric Italian restaurant and full bar has built a loyal following in one of Queens’ fastest-growing neighborhoods. The concept blends artisanal Italian cuisine with a lively bar and cocktail program, all set beneath soaring 32-foot ceilings with a 16-seat bar, a spacious backyard with seating, and a private dining room that can accommodate everything from intimate dinners to full buyouts of up to 150 guests. The restaurant operates across multiple revenue streams — dine-in lunch, brunch, and dinner service, a full bar, private and corporate events, takeout, delivery, and catering —all benefiting from a residential population that has grown significantly and continues to expand with thousands of new units delivered and thousands more approved and underway.

Financial Overview

2024 Gross Revenue: $1,751,865

2024 SDE: $259,297 (14.8% margin)

2025 Gross Revenue: $1,598,898

2025 SDE: $263,859 (16.5% margin)

Business Highlights

Neapolitan pizza, full Italian menu, brunch, lunch & dinner service

16-seat full bar with full spirits, wine & cocktail program

Private events, corporate dinners & full buyouts (10–150 guests)

Takeout & delivery available 7 days a week via online ordering

Hours: Sun, Tue–Thu 12pm–10pm | Fri–Sat 12pm–11pm | Monday closed

Reservations via Resy

Lease & Location

2,000 sq ft main floor | 1,000 sq ft backyard | 1,000 sq ft basement (~4,000 sq ft total)

16-seat full bar + private dining room + spacious backyard with seating

Landlord has agreed to issue a brand new lease to a qualified tenant

New lease rent: $15,000/month (all-in)

4 years remaining on current option; good guy clause in place

Two blocks from a dense residential, office & commercial area

Staff:

Tenured team — most employees have been with the business long-term and are expected to stay

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$180,000 per annum

Business Operation

Reasons for selling:

Other business interests.