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Virginia
NY-Style Pizza Restaurant with $999K Revenue & Strong Reviews
Asking Price
$895,000
Revenue
Call/Email
Down
$89,500
Cash Flow
Call/Email
Name: Carven Cheung
Name
Carven Cheung
Description
Asking Price $895,000
2025 Revenue $999,371
3-Yr Avg SDE $332,250
FF&E Included $150,000
Inventory Included $10,000
Established 2010 (15+ Years)
SBA Financing Available
Reason for Sale Health
________________________________________
DESCRIPTION
4.6 Stars | 617 Google Reviews | $999K 2025 Revenue | Manager-Operated | SBA Eligible | First Time to Market
Established in 2010, this authentic New York-style pizza restaurant has become a true community staple along the high-traffic US Route 29 corridor in Central Virginia. With 15+ years of uninterrupted operation, a loyal multi-generational customer base, and 2025 revenue of $999,371 — up 15.2% over three years — this is one of the most compelling independent restaurant opportunities in the region.
Key Highlights:
• Semi-absentee / manager-operated — professional team runs day-to-day; no owner presence required
• 4.6-star Google rating from 617 reviews — built organically with virtually no ad spend
• $160,000 in assets included ($150K FF&E + $10K inventory)
• 4,000 sq ft at ~$11/sq ft annually — well below market rate, a structural cost advantage
• Closed Monday & Tuesday — opening two additional days could add an estimated $250K–$375K in incremental revenue with no new fixed cost
• 65.6% average gross profit margin — well above industry benchmarks
• 3-Year Average SDE: $332,250 — priced at 2.69x, with SBA financing available
Full financials and CIM available upon signed NDA.
Do not contact the business directly. Confidential listing.
________________________________________
Carven G. Cheung | Senior Elite Business Broker Transworld Business Advisors of Charlottesville Email: carven@tworld.com | (804) 305-4826
https://tworld.com/locations/Virginia/charlottesville/listings/NY-Style-Pizza-Restaurant-with-999K-Revenue-Strong-Reviews
Business Details
Year Established:
16
FE&E:
$150,000
Reason for sale:
Health
Lease & Tenant Information
Lease Options:
$4,000
Other Information
Listing Number:
12451-442797
Sales:
$999,371
Inventory:
$10,000
Posting Information
Posting ID:
ID tw:91992 / Listing Number 12451-442797
Business Category:
Restaurants
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
NY-Style Pizza Restaurant with $999K Revenue & Strong Reviews
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*91992
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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