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Business For Sale

Classic Italian Bistro in Suburbs Catering

Union County, NJ

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$425,000
$950,000
Not Disclosed
$191,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2011
0
68202979
Owner Financing is Available!
Owner will finance $175,000 with rates and terms to be negotiated

Business Overview:

Brand new Pizza/Restaurant doing $15,000 weekly after 5 weeks of being open. Projected figures would be $19,000 week within one year. Meticulously designed and placed together aesthetically in a highly commercial area located in a 20 plus strip mall with plenty of parking. The opening during the middle of summer was planned that way, because when September comes around a new dinner menu planned to introduce a classic Italian menu with many new items available not found anywhere within this area. Delivery Ad will start selected new menu items are easily prepared and will give a higher profit levels to this well conceived establishment. Spacious facility seats 74 comfortably in 2,600 square feet (Basement 6,000 square feet) in a summation projected figures are on low side. Every fixture is new and the best available. Rent includes taxes and cam. By end of 1st year this place will be doing over $20,000 weekly. This is a variation of only $5,000 per week between the summer months and the end of year after September figures would increase 20% automatically. OWNER CANNOT STAY, WILL TAKE LOWER DOWN PAYMENT FROM VERY STRONG BUYER. For further information, please contact Vito Mastromonaco .

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Spacious 74 seat pizzeria main themed restaurant. Brand new 1 month old newest in best equipment in a mall setting with plenty of parking in a commercial area.

Market Competition and Expansion:

Competition- This is the new comer taking business away from other food establishments in area. Expansion- This facility is still in its start up stage and is doing fantastic figures after only one month $15,000 week, main emphasis is for September to start off with new menu and delivery advertising.

Reason for Selling:

Owner builds and sells superior designed pizzeria.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: