Owner Financing is Available!
Business Overview:
Pizzeria restaurant business in a highly active commercial
area of Northern New Jersey and located in Passaic County . This two year old ultra modern business
must be sold due to the owner's illness and forced
retirement.
The business has a production of $8,500 weekly and a consistent net income to the owner operator. The sale includes newer equipment and in a modern attractive facility. The facility has a seating capacity for forty (40) customers and has recently started a delivery service to its large customer base. The general area consists of an urban area with a huge population and a continued demand for this food service and product.
The price has been set very aggressively and well below fair market value. The seller is prepared to offer financing with a moderate down payment and a five year payout term.
The sale includes a full commercial kitchen which includes all the equipment and accessories required to maintain this productive Italian Restaurant.
The building has a legal capacity for 40 customers consisting of 1,750 sq ft, on one main floor with a full basement. Substantial municipal parking is on site and close by to the facility. Should be evaluated to fully appreciate.
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 1,750 square feet on a busy commercial avenue and in a free standing store front. The facility has a seating capacity for forty (40) customers, is clean and ultra modern with a large commercial kitchen, private seating, modern bathrooms and lots of private seating.
The business is operational seven days per week, with hours from 11:00 am to 10:00 pm. The business has a municipal food handler s license from the municipality. The sale includes a long term commercial ten year lease with a monthly rent of $2,000.
Market Competition and Expansion:
No other Pizzeria restaurant is nearby to this business and the seller will supply a non compete agreement to the new operator. The business is less than two years old, with an improved marketing plan this business will continue to expand representing a greater income.
Reason for Selling:
Seller is selling due to a serious illness.
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.