Price Drop. Incredibly Good Brooklyn Pizzeria

Not Disclosed, NY
Kings County


Asking Price: Annual Revenue:
$250,000 $498,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Price Drop. Incredibly Good Brooklyn Pizzeria Broker: Carey Davis
Owner Financing is Available!
$125000.00

Quick Facts

Asking Price: $250,000
Annual Revenue: $498,000
Net Profit: Not Disclosed
Cash Flow: $193,068
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 57935879
Broker Reference #: 6842-756261

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Business Overview:

After more than 40 years the owner of this Brooklyn pizza parlor is ready to retire. He's just lowered the price and it's ready to sell. 1800SF, plus basement. He owns the building! So, your new lease will be on great terms including first right of refusal to buy the building later. Must see

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Property Features and Assets:

A classic American dream. The owner opened the shop in 1971 to serve the East NY community in Brooklyn. He worked hard, made GREAT PIZZA, bought the building, helped build a family and became a semi-absentee owner. He'll be your landlord and will offer a generous 5+5 lease and first right of refusal to buy the building. Expand to the 2nd floor if you like. 5 year seller financing.

Market Competition and Expansion:

Add Beer if you like, catering and delivery is a total upside. Delivery is very small now.

Reason for Selling:

Retiring

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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