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Accommodation & Food Services

Established High-volume Pizzeria/italian Restaurant - Lower Manhattan

New York County, NY, USA
Listed 90 days ago

This long-established Italian restaurant presents an exceptional opportunity to acquire a profitable, well-run business with a loyal customer following and annual sales exceeding $1.5 million. Due to retirement, this turnkey operation is ideally suited for an owner-operator or experienced restaurant group looking to expand with a proven concept. PARKING: Street & city parking EQUIPMENT: The equipment is in good condition; well-maintained and of good quality LEASE: 5 years remaining BASE RENT: $401,089.47 per year CONCEPT: Pizzeria / Italian Restaurant SEATING: 62 seats SIZE: Approximately 1,500 square feet HOURS: Open 7 days/week 11:30 am-10:00 pm LICENSES: Beer & Wine License

Real Estate

Lease

Trading Hours

Open 7 days/week 11:30 am-10:00 pm

Premises Details

PARKING: Street & city parking EQUIPMENT: The equipment is in good condition; well-maintained and of good quality LEASE TERM: 5 years remaining BASE RENT: $401,089.47 per year CONCEPT: Pizzeria / Italian Restaurant SEATING: 62 seats LICENSES: Beer & Wine License

Size In Square Feet

Approximately 1,500 square feet

Financials

Asking Price
$199K
RevenueMost Recent Year
$1.5M
Earnings (SDE)Last Reported
$146K
Assets Value
Undisclosed
Seller Financing
Not available

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