Syracuse most successful pizza and Italian spots

Syracuse, NY
Onondaga County

Syracuse oldest pizza and Italian Restaurant


Asking Price: Annual Revenue:
$449,000 $850,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Syracuse most successful pizza and Italian spots Broker: Michael Kinney Assocate Broker Icon
License #: Call Broker /we co broker

Quick Facts

Asking Price: $449,000
Annual Revenue: $850,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $225,000
Real Estate: $325,000
Year Established: 1951
Employees: 8
BBN Listing #: 830840651
Broker Reference #: Icon 30

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Business Overview:

What can you say about this location the south of Syracuse at one of the city’s busiest four corners. My dad took me there and I am 70 now . This place did over a million long before other spots . Two dinning rooms ,nice workable kitchen . Menu fairly easy to learn and the nice thing you can ,make money. This restaurant has and can can make over 1.2 million or more

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Property Features and Assets:

You are buying the restaurant building with parking on the side and another parking area across the street . This is hooked to a very busy plaza and much talk about new business coming in . This could a spot for a national Pizza franchise . And make the other dinning room into something else,Owner will look at all offers we are going to make a deal! Price reduce by over $100,000.

Market Competition and Expansion:

The area is ripe, or could add on breakfast it would be huge. There is much talk about the whole area redeveloped. The place is ready to go gang busters call and hook on the the areas best location.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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