Business Overview:
Perfect opportunity to acquire a fully renovated, turnkey Italian restaurant and pizzeria located in an extremely high-traffic, densely populated area of the Bronx. This location is strategically located, with a subway stop 30 feet away and a bus stop directly in front, ensuring steady foot traffic.
Currently generating strong revenue from dine-in, delivery, and catering, this location has the potential to operate as an absentee business or for an operator looking to introduce their own brand in a proven location. The current owner is semi-absentee and is selling to consolidate operations after becoming overextended with multiple locations.
Business Highlights:
Strong Lease: Rent is $4,200/month (all-inclusive; no CAM, No Real Estate Taxes). 8 years remain, with a 5-year option.
Prime Location: Steps away from the subway station, bus stop out front, and surrounded by banks and residential density.
Turnkey Facility: Fully renovated space (2,000 sq. ft. total, including full basement) that is clean, modern, and requires no work.
Streamlined Operations: Optimized for high efficiency with 14 seats (keeping under the threshold for NYC bathroom requirements).
Asset and Equipment List:
Kitchen: Full commercial kitchen equipped for high-volume pizza, pasta, and entree production.
Furniture & Fixtures: 14-seat dining setup, renovation improvements, and counter/POS stations.
Storage: Full basement included in the lease for dry storage and refrigeration.
Ownership: All equipment is owned outright with zero debt or liens.
Staffing: Experienced team in place, including pizza makers, line cooks, prep staff, and drivers.
Financial Information:
Type of Sale: Asset Sale with proven Cash Flow and customer base
Asking Price: $350,000
Gross Revenue: ~$750,000 Annually
SDE: +$121,000 (Includes conservative addbacks)
Tracking: Sales verified via POS System.
Rebranding Opportunity:
Brand Ownership: The sale includes the location, assets, and cash flow, but not the current name. The buyer must rebrand, making this perfect for an existing pizzeria owner expanding their footprint or a new operator wanting a fresh start with immediate revenue.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
