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Established High-volume Pizzeria/italian Restaurant - Lower Manhattan For Sale

New York County, New York, US
Asking Price:
$199,000
Sales Revenue:
$1,547,661
Cash Flow:
$146,146

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

Property Information

Real Estate:

Lease

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

Business Operation

Trading hours:

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