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 65β68% ownership, partner holds approximately 32%
Contact Info
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