Pizzeria in NYC 31637

Not Disclosed, NY
New York County

Asking Price: Annual Revenue:
$35,000 $338,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizzeria in NYC 31637 Broker: Marie Goldstein

Quick Facts

Asking Price: $35,000
Annual Revenue: $338,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 37584447
Broker Reference #: 31637

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Business Overview:

Must Sell -- Price Just Reduced! Just around the corner from one of the hottest bar and restaurant scenes in Manhattan, this pizzeria has the potential to double or even triple its business. The seller is closing in on 80 years old and doesn't have what it takes to make the most of the opportunity at this great location. For instance, it would be a no-brainer to stay open later on Thursday, Friday and Saturday nights to take advantage of the overflow from the nearby bar scene. As the new owner, you could significantly improve upon this pizzeria's overall business by moving it into the social media age, let alone developing your own dynamic website. After school, this place is jam-packed with kids lined up outside waiting to get in for a couple of slices and a soda. There is little to no authentic competition in the immediate neighborhood. Please be prepared to invest another $15,000 - $25,000 into upgrading the equipment and the interior if you really want to make this pizzeria hum.

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Reason for Selling:

The seller is closing in on 80 years old and doesn't want this any more.

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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