Overview

Property ID: BB+54096

Asking Price

$800,000

Annual Revenue

$1,132,957

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Description

Acquire one of Philadelphia’s long-established neighbourhood pizzerias with more than 40 years of operating history and annual sales exceeding $1.13 million. Under current ownership since 2018, the business has been transformed into a consistently profitable operation while maintaining remarkably stable revenue over the past three years.

The restaurant is known for its made-from-scratch pizza, cheesesteaks, sandwiches, wings, salads, pasta, and extensive menu built around proven recipes and streamlined kitchen operations. Every recipe, preparation process, and operational system has been developed in-house and will transfer with the sale, providing a buyer with an established concept rather than simply a restaurant space.

Property Type: Established Business
Lease Expiration: 12/1/2029
Absentee Owner: No
Primary Industry: Restaurants and Food
Gross Revenue: $1,132,957
Real Estate: Real Estate Lease
Financial Notes: Seller Financing: May be available for qualified buyers.
Lease Amount: $1,547
Short Title: $1.13M Revenue | 40+ Year Pizza Restaurant

What's Included

$1.13M Annual Sales
Established Community Business
Available for Qualified Buyers
Transaction Structured for SBA Buyers
Fully Operational Restaurant
Recipes & Operating Systems Transfer
Approx. $1,547 Monthly
No Equipment Loans
Slice & DoorDash
Through 2029 with Renewal Option
Busy Commercial Corridor

Opportunities for Growth

Numerous growth opportunities remain available for a motivated buyer. Introducing a breakfast menu could capture significant demand generated by nearby schools and morning traffic without requiring major capital investment. Expanding DoorDash delivery, strengthening digital marketing efforts, improving staffing, and implementing a manager-led operation could significantly reduce owner involvement while increasing operational efficiency. The lease also permits related food concepts, providing flexibility for future menu expansion or concept evolution if desired.

Support and Training

The seller is committed to providing a smooth transition and will offer hands-on training covering proprietary recipes, kitchen preparation methods, daily operations, vendor relationships, inventory management, and operational procedures. Ownership is also willing to transfer its complete intellectual property, providing the buyer with every process necessary to continue operating the business successfully from day one.

Market & Competition

The restaurant enjoys a strong competitive position within a well-established neighbourhood supported by surrounding schools, local businesses, and consistent daily traffic. More than four decades of operating history have created exceptional community recognition and customer loyalty, while its reputation for scratch-made food differentiates it from national chains and competitors using pre-prepared products. Online ordering through Slice and DoorDash further strengthens customer accessibility while creating additional opportunities for future sales growth.

Facilities & Assets

The business operates from a fully equipped 1,800-square-foot restaurant featuring a complete commercial kitchen with no equipment debt or outstanding leases. Included are a stainless steel double-deck pizza oven, commercial grill and griddle, walk-in refrigerator, recently built walk-in freezer, refrigerated pizza and sandwich preparation stations, commercial microwave, panini press, coffee equipment, POS terminals, dining furniture, waiting area furnishings, and all fixtures required for continued operations. All business licences, operational systems, proprietary recipes, and intellectual property are included in the transaction, allowing a buyer to continue operating immediately after closing.

Reason for selling: Owner seeking improved work-life balance