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Business For Sale
4469 - PIZZERIA / RESTAURANT
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Asking Price: |
$360,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Health reasons |
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Year Established:
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1967 |
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# of Employees:
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6 |
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Yearly Revenues:
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$572,000 |
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Yearly Cash Flow:
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$176,000 |
Business for Sale Overview:
Family Pizzeria and Italian Restaurant located in cozy little South Jersey neighborhood. Family owned and operated for over 20 years. Fully equipped dining area ready for addition of family style entrees or small catering and banquets. Business could be improved by adding delivery, increasing advertising & marketing, and providing catering. Current owner has been ill for many years. Spouse is working full-time, but not in a unit-producing fashion, so business is essentially being run absentee. Sales are approximately: 50% Eat-In and 50% Take-Out with no delivery. Day parts are approximately: 40% Lunch and 60% Dinner. Product mix is approximately: 75% Pizza and 25% Sandwiches & Entrees. Main dining area is approximately 2,500 square feet, the second floor of approximately 1,500 square feet is used for office area and storage, plus a basement also used for storage. A hands-on owner/operator can take full advantage of this great location. 20 years of word of mouth say "Great Food". Real estate purchase is an option.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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