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Established Pizzeria 16 Years In Business Below-Market Rent For Sale

Brooklyn, New York, US
Asking Price:
$399,000 Furniture / Fixtures included
Sales Revenue:
$1,200,000
Cash Flow:
$160,000

HS Listing ID-73375

Established Pizzeria – $1.2M Sales | 16 Years in Business | Below-Market Rent

Business Overview

Type: Pizzeria / Italian Restaurant

Years established: 16 years

Current annual sales: approximately $1.2 million

Prior-year sales: approximately $1.25 million

2026 performance described as flat/slightly down

Debt-free business

No SBA loans or other major liabilities mentioned

Rent & Lease

Current rent: $5,600/month

Original rent was approximately $4,000/month

Historical annual rent increases of approximately 3%

Estimated current market rent: $8,500+/month

Landlord is described as hands-off

Tenant has historically paid for repairs and improvements

Owner intends to negotiate an extension/new lease term with landlord

Potential rent increase upon renewal

Final lease renewal terms are still pending

Owner Compensation

Approximately $160,000/year total owner compensation

Plus health insurance plan

Current ownership/management structure creates potential opportunities for a new owner to restructure management expenses

Some management costs may potentially be reduced

Ownership

Main owner currently owns approximately 65–68%

Partner owns approximately 32%

Business decisions are effectively handled 50/50

Owner has discussed potentially restructuring the ownership/sale proceeds to 50/50 with second owner.

Staffing

3 pizza makers

3 servers

1 floor manager who also serves

Second owner handles approximately 4 nights/week

Main owner handles approximately 1 night/week

Floor manager covers approximately 2 nights/week

Hours of Operation

Monday–Thursday: 5:00 PM – 10:00 PM

Friday: 5:00 PM – 11:00 PM

Saturday: 12:00 PM – 11:00 PM

Sunday: 12:00 PM – 10:00 PM

Currently no weekday lunch service

Restaurant Space & Seating

Backyard/garden area enclosed with glass panels

Backyard can be utilized year-round and during inclement weather

Garden seats approximately 16 people during regular service

Can accommodate approximately 30 people for private gatherings

Total private-event capacity approximately 72 people

Front restaurant and backyard/private area can operate simultaneously

Basement includes:

Bathroom

Air conditioning

Walk-in box

Dishwashing area

Storage closet

Equipment & Physical Restaurant

Wood-burning pizza oven

Oven operates at approximately 950°F

Pizza bake time approximately 1–1.5 minutes

Special ventilation system installed for the oven

Ventilation described as up to code

POS system is Pixel Point

Older/server-based POS system, but owner considers it reliable

Physical restaurant is described as somewhat tired

Opportunity for renovation and/or concept refresh

Business prioritizes ingredient quality, consistency and dependable supplier relationships

Potential alternative mozzarella supplier discussed

Alternative cheese could potentially save approximately $0.80–$0.90 per pound, assuming comparable quality

Seller Situation / Reason for Sale

Owner has operated the restaurant for approximately 16 years

Has gradually become less involved in daily operations

Owner acknowledges having less energy/desire for day-to-day restaurant operations

Interested in pursuing other personal interests

Sale appears to be a lifestyle/transition decision rather than a distressed sale

Owner does not appear to be under pressure to sell immediately

Potential Growth Opportunities

Introduce weekday lunch service

Renovate/update the restaurant

Potential upscale pizza/concept redesign

Increase utilization of the private-event space

Increase utilization of the backyard/garden

Potentially reduce certain management expenses

Explore lower-cost ingredient sourcing while maintaining quality

Potential mozzarella savings of approximately $0.80–$0.90/lb were specifically discussed

Key Numbers at a Glance

Annual Sales: ~$1.2M

Owner Compensation: ~$160K + health insurance

Monthly Rent: $5,600

Annual Base Rent: ~$67,200

Years Established: 16

Private Event Capacity: ~72

Debt: None reported

Weekday Lunch: Currently not offered

Lease: Renewal/extension terms pending

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$67,200 per annum

Business Operation

Reasons for selling:

Other business interests.

Years established:
16

Other Information

Support & training:

Yes.