Seller's Contact Information
- RE: 27-Year-Old Iconic NY Pizzeria & Italian Rest
- Contact: Randy Bring
Quick Facts
| Asking Price: | $265,000 | |
| Annual Revenue: | $868,161 | |
| Net Profit: | $152 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 160,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1996 | |
| Employees: | 10 | |
| BBN Listing #: | 4101630 | |
| Broker Reference #: | 0101948480 |
Business Overview:
This iconic New York pizzeria and Italian restaurant is being offered for sale by the same owner after 27 years of profitable operation. Current sales averaging $16-$17,000/week with more room to grow. Seller will train and transition, long time GM has been there from day one and has expressed a strong interest in staying on with new management. Great neighborhood restaurant with full kitchen including POS system, ovens. walk-in and hood in a retail plaza with plenty of parking. Recent interior refresh with complete dining room remodel. Full catering menu with higher-than-average 3rd party delivery volume. Seller financing for qualified Buyers. Seller is motivated and has aggressively priced his restaurant to reflect the same. Please refer to listing #0101948480 & ask for Randy Bring when inquiring.
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Property Features and Assets:
1,950 Square Feet in retail plaza @ $7,439/month.
Market Competition and Expansion:
Unknown/Unlimited
Reason for Selling:
True Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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