Established UES Pizzeria & Restaurant | $2.1M Gross - $350K Net
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Established high-volume pizzeria and Italian restaurant in Manhattan's desirable Upper East Side, generating $2.1 million in annual revenue with $350,000 in seller's discretionary earnings. This profitable operation has served the community since 1970 and benefits from multiple revenue streams including pizza, prepared foods, beverages, beer and wine sales.
Key Financial Highlights:
• Annual Revenue: $2.1 million
• Cash Flow (SDE): $350,000
• Inventory Value: $30,000
• Strong profit margins with established customer base
Location & Lease Benefits:
• Prime Manhattan location with high foot traffic
• 1,700 square feet of operating space
• Exceptional long-term lease through November 2044
• Monthly rent: $19,750 with predictable 3% annual increases
Business Strengths:
• Loyal customer base built over decades
• Multiple ordering channels including takeout, delivery and walk-in
• Fully staffed and equipped operation
• Owner focused on supervision rather than daily operations
• Strong repeat customer business
• Established vendor relationships and operating procedures
Growth Opportunities:
• Expand catering and corporate accounts
• Enhance direct online ordering capabilities
• Implement customer loyalty programs
• Develop targeted neighborhood marketing
• Menu engineering for higher-margin items
• Reduce third-party delivery platform dependence
The current owners are retiring after 35 successful years and will provide comprehensive transition support including operational training, employee introductions, and vendor relationship transfers. This turnkey opportunity is ideal for an experienced restaurant operator seeking an established, profitable business in one of Manhattan's most desirable neighborhoods.
The business operates with documented financial history and benefits from broad menu appeal across diverse customer segments. With its prime location, long-term lease security, and multiple growth avenues, this represents an exceptional opportunity to acquire a proven restaurant operation with significant existing cash flow and expansion potential.
Key Financial Highlights:
• Annual Revenue: $2.1 million
• Cash Flow (SDE): $350,000
• Inventory Value: $30,000
• Strong profit margins with established customer base
Location & Lease Benefits:
• Prime Manhattan location with high foot traffic
• 1,700 square feet of operating space
• Exceptional long-term lease through November 2044
• Monthly rent: $19,750 with predictable 3% annual increases
Business Strengths:
• Loyal customer base built over decades
• Multiple ordering channels including takeout, delivery and walk-in
• Fully staffed and equipped operation
• Owner focused on supervision rather than daily operations
• Strong repeat customer business
• Established vendor relationships and operating procedures
Growth Opportunities:
• Expand catering and corporate accounts
• Enhance direct online ordering capabilities
• Implement customer loyalty programs
• Develop targeted neighborhood marketing
• Menu engineering for higher-margin items
• Reduce third-party delivery platform dependence
The current owners are retiring after 35 successful years and will provide comprehensive transition support including operational training, employee introductions, and vendor relationship transfers. This turnkey opportunity is ideal for an experienced restaurant operator seeking an established, profitable business in one of Manhattan's most desirable neighborhoods.
The business operates with documented financial history and benefits from broad menu appeal across diverse customer segments. With its prime location, long-term lease security, and multiple growth avenues, this represents an exceptional opportunity to acquire a proven restaurant operation with significant existing cash flow and expansion potential.
About the Business
- Years in Operation
- 56
- Employees
- 13 Full-time
- Facilities & Assets
- Fully equipped and operational Manhattan pizzeria and Italian restaurant with kitchen, service and storage areas.
The premises are leased under a long-term agreement that commenced in November 2019. The initial term runs for approximately 20 years and includes an additional five-year option. Current base rent is approximately $19,750 per month with 3% annual escalations. Additional rent, lease assignment requirements and option transferability will be confirmed through lease review. - Market Outlook / Competition
- This business benefits from an established operating history, significant annual sales, broad menu appeal, repeat customers and multiple ordering channels.
- Opportunities for Growth
- A new owner can pursue growth through expanded catering and corporate accounts, improved direct-order marketing, customer loyalty programs, targeted neighborhood advertising, menu engineering and increased promotion of high-margin food and beverage items.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,700
- Rent
- $19,750 per month
- Lease Expiration
- 11/30/2044
About the Sale
- Seller Motivation
- Retiring after 35 years in business.
- Transition Support
- Will provide reasonable transition support and training to facilitate an orderly transfer of operations, employees, vendor relationships and operating procedures. The duration and terms of transition assistance will be agreed upon as part of the final transaction.
Listing Info
- ID
- 2548274
- Listing Views
- 14
Listing ID: 2548274 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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