The archive · Small Business & Money · Financial decision · 2008–2010
2 Bros Pizza: a $1 Manhattan slice, built on volume, grows into a chain
Eli and Oren Halali priced their Manhattan slice at $1 and made money on volume — hundreds of pies a day, 10-second service, a chain by 2010.
2 Bros Pizza
What it had to solve
After the 2008 recession, cheap food became the survival play in Manhattan, where a slice elsewhere cost $2.50–3 and a sit-down meal was out of reach for many. Brothers Eli and Oren Halali opened 2 Bros Pizza on St. Mark's Place in 2008, betting that a $1 slice could win on volume.
How it works
2 Bros Pizza opened on St. Mark's Place in Manhattan in 2008, founded by brothers Eli and Oren Halali. Its entire idea was one item at one price: a cheese slice for $1, tax included, in a city where a slice usually cost two or three times that.
The brothers made the low price work by optimizing for volume and speed. They kept storefronts in lower-rent neighborhoods, stayed open 24 hours, and turned service into a fast conveyor — customers in and out within ten seconds, hundreds of pies sold a day, so the pizza was always fresh from the oven.
The model proved itself quickly: by mid-2010 the chain was opening locations in Midtown and Brooklyn, and rivals copied the formula until New York had more than 80 dollar-slice shops. The $1 slice became a city institution — the recession-era answer to what to eat when you're broke.
Why it lands
- A hard $1 price including tax removed every friction point — no change, no surprise, no comparison shopping.
- Volume over margin turned the tiny per-slice profit into a viable business instead of a loss leader.
- 24-hour hours and ten-second service made the slice the cheapest fast option at any hour, not just lunch.
- Freshness followed from throughput: selling hundreds of pies a day meant slices never sat under a heat lamp.
What it did
The model caught on: 2 Bros expanded across Manhattan and Brooklyn, rival shops copied the formula, and the $1 slice became a New York institution — at its peak the city had more than 80 dollar-slice spots.
What you can take
When your price is the product, engineer everything else for volume: low rent, 24-hour hours, ten-second service — the margin per slice is tiny, so throughput and freshness become the whole business.
Since then
Dollar slices spread across Manhattan after 2 Bros proved the math, and the chain kept expanding through the 2010s as costs rose. The brothers' St. Mark's location remains one of New York's best-known cheap eats, and the concept anchored a citywide dollar-slice culture that still dots the streets decades later.
Sources
- Battle of the Dishes: $1 Pizza Faceoff
- 2 Bros. Ventures Into Brooklyn; 5 Napkin Journeys Into Queens
- [WATCH] Here's the Origin Story of New York City's Best $1 Slice: 2 Bros Pizza
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