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Business For Sale

Pizzeria & Liquor License

Sussex County, NJ

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$450,000
Not Disclosed
Not Disclosed
$150,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$275,000
Owned
1960
7
92673909
Owner Financing is Available!
Seller financing is available for a qualified purchaser.

Business Overview:

Pizzeria Restaurant with liquor license located on an active State Route of Sussex County, New Jersey. This is an outstanding 5,500 square foot restaurant with multiple venues is presently operated as a successful, high volume Pizzeria with no delivery service and hours from 11:00 am to 10:00 pm. It is also a sit down restaurant that can accommodate 200 customers and occasionally serves as a lounge with live music and entertainment. The present owner is retiring after many successful years in the industry and will train a new operator. The sale includes the use of a liquor license, which presently represents a small percentage of his income but can be substantially developed with increased hours and to attract night life customers. Private parking for eighty vehicles is available and included in the lease. The business is operational 7 days weekly, hours 11:00 am to 10:00 pm. The business has a municipal food handler s license & liquor license. An existing lease expiring on 2012 and with three additional five year options is available for transfer. Lease also includes the use of a consumption liquor license and total monthly rent is approx $5,500. This business equipment consists of a large commercial kitchen, separate prep area, multiple walk in refrigeration and freezer units,, walk up counter, POS system and fully equipped with all the required materials to conduct business. Seller financing is available for a qualified purchaser. This is a solid opportunity with substantial growth potential.

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:

The facility consists of 5,500 sq. ft. with a seating capacity for 200 customers. The site has multiple level which serves as either a pizzeria or site down table service. The business also has a separate party room for fifty customers. The business is attractively set up as a casual Italian restaurant and occasionally acts as a lounge with live entertainment.

Market Competition and Expansion:

No other competitive Pizzeria restaurants are in this general area and seller will supply a non compete agreement to the purchaser. By adding a delivery service, opening to 2:00 am for lounge business and a basic marketing plan this business can be substantially developed.

Reason for Selling:

Retiring after many successful years.

Additional Details:

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

Resources: