Property summary
This well-established Bronx restaurant, built in 1968, offers a fantastic investment opportunity. Boasting 1,100 square feet of space, this retail property has generated a gross revenue of $1,248,482 and a cash flow of $421,183. The sale includes all furniture, fixtures, and equipment (valued at $600,000) and inventory ($20,000). The business operates as an S Corp and is being offered for sale due to the owner's retirement. This highly-rated pizza place has cultivated a loyal customer base for generations, with many former neighborhood residents still returning for takeout. The menu features a wide variety of options, including pizza, pasta, and calzones. The current owner's minimal on-site presence highlights the efficient and experienced staff. The business is conveniently located in a busy Bronx neighborhood, steps from a major subway station, ensuring high visibility and accessibility. Terms and conditions are negotiable, and complete training and support are included in the sale price. This is a rare chance to acquire a thriving, turnkey business with a strong track record and significant growth potential.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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