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RE:  For Sale Busy Essex County Pizzeria/ Restaurant Contact:  Solomon Sasson

Quick Facts

Asking Price: $595,000
Annual Revenue: $1,529,000
Net Profit: Not Disclosed
Cash Flow: $331,635
Total Debt: Not Disclosed
FF&E: 250,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 8
BBN Listing #: 15242979
Broker Reference #: 7780SS

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Business Overview:

Old established, very profitable, family oriented business. Current sales volume is based on deliveries and pickups only. Even though they have elegant restaurant with fire place which seats 100 persons, the owner did not activate it because of Covid, since he wants to retire and sell it, His motivated to reactivate it, But new owner can easily do it which will increase sales at least $364,000 and profit $208,000.00. Offers extensive menu and can get very good lease,

Monday - Thursday(11am-11pm), Friday - Saturday(11am-12am(midnight)), and Sunday(12pm-11pm)

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Reason for Selling:

Retiring

Additional Details:

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

Documents:

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