Established Pizza Restaurant Business for
901 S 10th St Philadelphia, PA 19147
New
901 S 10th St, Philadelphia, PA, 19147
$1,400,000
For Sale
$1,400,000
For-sale restaurant business includes trade name, goodwill, recipes, and operating infrastructure at 901 S 10th St.
Property Size4,725 SF
Price / SF$296.30
Days on Market4
Property Features for 901 S 10th St
General Information
- Standard status
- Active
- Size
- 4,725 SF
- Property subtype
- Business Opportunity
Building Details
- Year Built
- 1920
Listing agency
KW Empower
(215) 783-7779
Listed by
Jim Onesti, Steven Onesti · License #RS372317
Source
Kandorre
Added: Jul 20 Updated: Jul 23 at 4:11AM Checked: Jul 23 at 4:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Empower
Investment Insights
Based on property information with market context.
This offering presents an established pizza restaurant business for sale, including the business, furniture, fixtures, equipment, trade name, goodwill, recipes, and the operational infrastructure needed to continue operations. The sale also includes the customer base associated with the restaurant’s ongoing business.
The business operates from 901 S 10th St in Philadelphia’s Italian Market/Bella Vista area. Founded in 1959, Santucci’s is widely recognized for its long-running presence in Philadelphia’s pizza culture and is credited in the listing with pioneering the city’s famous square pizza. The remarks also note Pizza Hall of Fame recognition and multiple “Best Pizza in Philadelphia” awards.
Interested buyers should conduct their own independent due diligence regarding licensing, permits, business operations, financial performance, and any other matters material to the acquisition.
The business operates from 901 S 10th St in Philadelphia’s Italian Market/Bella Vista area. Founded in 1959, Santucci’s is widely recognized for its long-running presence in Philadelphia’s pizza culture and is credited in the listing with pioneering the city’s famous square pizza. The remarks also note Pizza Hall of Fame recognition and multiple “Best Pizza in Philadelphia” awards.
Interested buyers should conduct their own independent due diligence regarding licensing, permits, business operations, financial performance, and any other matters material to the acquisition.
Key Highlights
- Restaurant business for sale at 901 S 10th St includes trade name, goodwill, recipes, and operating infrastructure
- Founded in 1959; Santucci’s is widely credited with pioneering Philadelphia’s famous square pizza
- Includes business plus furniture, fixtures, and equipment
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.2k | $21.00 |
| − Vacancy | −$7.9k | −$1.68 |
| EGI | $91.3k | $19.32 |
| − OpEx | −$22.8k | −$4.83 |
| NOI | $68.5k | $14.49 |
4,725 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$978.1K
$855.8K – $1.14M
NOI $68,465 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.15M
$1.01M – $1.34M
NOI $80,632 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Santucci's Original Square ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - For-sale restaurant business includes trade name, goodwill, recipes, and operating infrastructure at 901 S 10th St.
Where is this conventional restaurant located?
The property is located at 901 S 10th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Restaurant business for sale at 901 S 10th St includes trade name, goodwill, recipes, and operating infrastructure; Founded in 1959; Santucci’s is widely credited with pioneering Philadelphia’s famous square pizza; Includes business plus furniture, fixtures, and equipment
