High volume Pizzeria in Manhattan

Manhattan, NY
New York County

Asking Price: Annual Revenue:
$1,250,000 $1,350,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: High volume Pizzeria in Manhattan Broker: Greg Carafello
Owner Financing is Available!
$500,000 at 8% over 3 years.

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $1,350,000
Net Profit: $350,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 12
BBN Listing #: 584357222
Broker Reference #: 206-00011

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Business Overview:

This 9 year old pizzeria is a cash cow that is growing with a very favorable lease in an area no other pizzeria or fast food can afford. Because it opened before Hudson Yards, the lease is 25% below area rent rolls plus has a size that is not found. This is a long term growth business opportunity for a partnership or a family looking to own the area and make lots and lots of money. All numbers are verifiable and growing!

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Property Features and Assets:

This is a leased location of 500 square feet with a Total Rent of $8,000. Lease ends 1/2027 with a one 5 year lease options. Seller is active in the business with 7 Full Time employees and 5 Part Time employees. Hours of operation are Sunday - Monday 10 AM - 10 PM, Tuesday - Wednesday 10 AM - 12 AM, TH 10 AM - 2 AM, Friday - Saturday 10 AM - 4 AM. $2,000 in Inventory included in Asking Price.

Reason for Selling:

Looking to retire.

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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