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

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Established Pizzeria and Italian Restaurant in Brooklyn, NY

Brooklyn, NY, US
Added today
Pizzeria / Italian Restaurant
Absentee / Semi-AbsenteeRetiring Owner

This business is a pizzeria and Italian restaurant located in Brooklyn, NY, operating for 16 years with a backyard event space and below-market rent.

Key Information

Asking

$399K

Revenue

$1.2M

Earnings

$160K

Multiple

2.5x

Key Highlights

  • Business has operated for 16 years
  • Current monthly rent: $5,600; estimated market rent: $8,500+/month
  • Annual base rent: approximately $67,200
  • Reported as debt-free; no SBA loans or major liabilities mentioned
  • Staff includes 3 pizza makers, 3 servers, and 1 floor manager
  • Private event capacity: approximately 72 people
  • No weekday lunch service currently offered
  • Lease renewal/extension terms are pending; potential for rent increase upon renewal
  • Main owner holds approximately 65–68% ownership, partner holds approximately 32%

Contact Info

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