Listing ID: 70631

Business Overview

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

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $480,000
  • Cash Flow: $263,859
  • Gross Revenue: $1,598,898
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:4,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.