Italian Restaurant and Pizzeria-Busy Neighborhood

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$600,000 $1,484,600

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant and Pizzeria-Busy Neighborhood Broker: Ricardo Molina

Quick Facts

Asking Price: $600,000
Annual Revenue: $1,484,600
Net Profit: Not Disclosed
Cash Flow: $275,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 275435879
Broker Reference #: 6842-483049

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Business Overview:

This spacious Italian eatery with over 12 tables (multiple 4 tops and 2 tops) specializing in pizza, pasta, and other Italian specialties. Serving its community for well over 20 years. This pizzeria has recently updated their menu, adding additional items and installed new kitchen equipment. Menu consist of coffee, pasta, salads, hot & cold sandwiches, wraps, charcoal grilled steak, anti-pastas, seafood entrees, veal entrees, vegetarian entrees, etc. Employees are mature and responsible and are very well versed in the industry. They all know pizza! Located on a busy commercial corridor in the Financial District. Potential customer base of commuters and college students. 95% of business sales are DINE-IN! High profitability is due to more sales in pizza slices versus other menu items. On average, weekly sales are between $26K-$31K. OWNER DOES NOT WORK IN THE RESTAURANT!!!

10 Year lease available. Monthly rent rate is set at $27,421 per month. Over $1,300 sq. ft. Other fixed expenses and vendors available upon request.

Sales are verifiable. Financial statements (CC statements / Grub Hub / Bank Statements) are available upon request and signing of our Confidentiality Agreement upon seller request.

Sales Price Negotiable! Seller is highly motivated to sell!

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Reason for Selling:

Moving

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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