S. Philly Pizzeria--Prime Location. Beer License & Building Available

Seller Financing Available

Located on the main thoroughfare of Oregon Av, near the stadium complex, this old-school pizzeria is primed to make lots of money for the right operator. It was a booming business in the 80s-00's (Ralph and Ricky's Pizza) but at some point the original owners stopped working/caring and it became very run down. I bought the building, cleaned and upgraded the pizzeria and opened a few months before the pandemic hit then reopened about a year ago but I've lost interest.
With almost no advertising or social media it does decent numbers and with the right push this is a cash cow.  Mostly new equipment includes a Rotoflex oven, sixty quart Hobart mixer, full kitchen with two exhaust hoods (not counting the pizza oven exhaust), new central air/heating, new Ansul system and 2 large walk-in refrigeration units. Beer (E) license is available separately. There is seating for 30 and plenty of room for a large sidewalk cafe. There is an unused second small storefront that could serve as a water ice/ice cream, hot dog, beer or Mexican take-out.
Building which is available for $600,000 or we can customize a lease to your reasonable specifications.
Two bed room apartment above is also available to rent.