Seller's Contact Information
- RE: Modern Pizzeria Best Offer
- Contact: Customer Service
Quick Facts
| Asking Price: | $175,000 | |
| Annual Revenue: | $700,000 | |
| Net Profit: | $100 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 165,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 99223909 | |
| Broker Reference #: | PZZA779 |
Business Overview:
Ultra-modern five years young, Italian Pizzeria Restaurant located in Northern New Jersey, Morris County. The business had a gross yearly income of $700,000 and a consistent net yearly income of $100,000. This attractive Pizza & Italian Cuisine is family-owned and located in wonderful commercial area of Northern New Jersey. They offer indoor and outdoor seating (seasonally) and are happy to supply wine glasses if you choose to bring a bottle to enjoy with your meal. The company has a delivery service which represents 30% of the gross sales. This restaurant is well known for its great food and wonderful service, they have great pizza and fantastic entrees, sandwiches, and wraps! This is a dependable safe business opportunity. The business fixed assets have an estimated value of approximately $165,000 which is specifically based on the original equipment and licensing replacement cost. The sale consists of a fully equipped Restaurant which includes a commercial kitchen, refrigeration & freezer units, web site, social media components, POS system, displays, shelving, tables, web site, computers, fire suppression system including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request.
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Market Competition and Expansion:
This opportunity is in Northern New Jersey, Morris County, the general area consists of various highly populated communities with continued demand for this industry. This successful retail facility which consists of approximately 2,900 square feet have an attractive modern appearance and this restaurant is in a mid-size commercial mall with various other active and successful businesses.
Additional Details:
- The property is Leased.
- 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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