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Lower Manhattan NY Pizzeria + Catering — $1.12M Rev / $220K NET
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Working Manager in Place · Lease to 2036 · $179K Catering Book
Profitable, established New York-style pizzeria and catering operation on a prime corner storefront in Lower Manhattan's Two Bridges neighborhood — 9+ years at location with a documented, growing catering book (3 Manhattan hotels, a national catering platform, and direct corporate clients).
FY 2025: approx. $1,122,864 revenue and approx. $220,000 net income (approx. 19.6% margin) — stated after a full-time working manager's salary, with no owner add-backs. Every dollar ties to source documents (POS, Slice, Uber Eats, Grubhub, EZCater, and 53 hotel catering invoices).
Turnkey with manager in place, approx. 2,000 SF, two stone-deck ovens, and a full prep kitchen. Lease firm through Dec 2031 with a pre-established 5-year option to renew through Dec 2036. Zero paid marketing to date — the biggest growth lever. Seller financing available to qualified, experienced operators.
Asking $389,000 = approx. 1.77× net income (~21-month payback). 4-week training included.
FY 2025: approx. $1,122,864 revenue and approx. $220,000 net income (approx. 19.6% margin) — stated after a full-time working manager's salary, with no owner add-backs. Every dollar ties to source documents (POS, Slice, Uber Eats, Grubhub, EZCater, and 53 hotel catering invoices).
Turnkey with manager in place, approx. 2,000 SF, two stone-deck ovens, and a full prep kitchen. Lease firm through Dec 2031 with a pre-established 5-year option to renew through Dec 2036. Zero paid marketing to date — the biggest growth lever. Seller financing available to qualified, experienced operators.
Asking $389,000 = approx. 1.77× net income (~21-month payback). 4-week training included.
About the Business
- Years in Operation
- 10
- Employees
- 6
- Facilities & Assets
- LOCATION, LOCATION, LOCATION
Approx. 2,000 SF total — approx. 1,000 SF ground floor + approx. 1,000 SF lower level (prep kitchen, walk-in refrigeration, dry storage). Corner storefront with sidewalk visibility on two streets.
KITCHEN: Two stone-deck pizza ovens, full prep line, hot table, fry station, pasta cooker, ventilation hood with fire suppression.
FRONT-OF-HOUSE: Glass display cases, counter, register stations, dine-in booth seating, window bar tops.
LOWER LEVEL: Walk-in refrigeration, dry storage shelving, prep stations, mop room, restroom.
TECHNOLOGY: Clover POS hardware + software license, Slice ordering integration, kitchen printer, security cameras, sound system.
BUILD-OUT: Custom wood-beam ceiling, gas lines, electrical, plumbing — fully built and operating. - Market Outlook / Competition
- MARKET POSITION
Located in one of Manhattan's densest daytime corridors at the seam of Two Bridges, Chinatown, Civic Center, and the Financial District. Daytime demand from a major NYC university (approx. 8,000 students), NYPD Headquarters, state and federal court complexes, City Hall, and the Financial District workforce. Weekend traffic from One Manhattan Square, the Brooklyn Bridge approach, and the South Street Seaport.
CATERING ADVANTAGE
Recurring accounts with three Manhattan hotels, a national catering platform (approx. 148% YoY growth), and direct corporate clients — a transferable B2B revenue stream most independent NYC pizzerias do not have.
COMPETITIVE LANDSCAPE
Limited direct competition from similar-format independent NY-style pizzerias in the immediate corridor — buyers are encouraged to verify independently (national chain delivery does not compete for the dine-in, daytime worker, and B2B catering segments). Approx. 4.6-star rating across major platforms. - Opportunities for Growth
- MARKETING & BRAND — THE LARGEST UNEXPLOITED LEVER
Approx. zero paid marketing spend to date. No paid digital advertising, no active social media, no email/SMS, no PR. Approx. $1.12M in revenue achieved entirely through organic walk-in, repeat customers, and platform visibility. Modest paid digital targeting the 1-mile radius could drive meaningful lift given existing 4.6-star ratings and dense daytime population.
CATERING EXPANSION
Approx. 40+ hotel properties within a 1-mile radius represent additional B2B pipeline. No dedicated corporate sales effort to date. Wedding and private event channel is undeveloped.
PLATFORM OPTIMIZATION
DoorDash not yet activated. Delivery platforms operating without optimized menu pricing, photography, or promotional spend.
OPERATIONAL LEVERS
Extended operating hours, menu engineering, and a simple loyalty program represent additional revenue and margin upside.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $10,600.00 per month
- Lease Expiration
- 12/31/2036
About the Sale
- Seller Motivation
- Ownership is reallocating capital and operational focus to investment opportunit
- Transition Support
- TRANSITION
Owner will provide 4 weeks of full-time, on-site training included at closing, covering daily operations, opening/closing procedures, kitchen workflow, ordering, and POS management.
RELATIONSHIPS
Personal introductions to all key vendors (food, paper, beverage, linen, cleaning), the landlord and property manager, the catering platform account team, and each of the recurring catering accounts. Buyer is positioned to take over established relationships rather than rebuild from scratch.
STAFF
Existing team is willing to remain at buyer's discretion. No anticipated hiring needs at takeover.
SYSTEMS
Seller will provide reasonable post-closing support and transition assistance to ensure a smooth handover of operations, supplier relationships, and recurring catering accounts. Specific scope and duration to be agreed in the definitive purchase agreement based on buyer's experience level and operational needs. Owner is committed to the buyer's success during the transition period. - Financing Options
- All-cash preferred. Seller open to a modest note for a qualified buyer.
Listing Info
- ID
- 2509081
- Listing Views
- 195
Attached DocumentsAttachment Disclaimer
Listing ID: 2509081 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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