Seller's Contact Information
- RE: Modern Pizzeria Owner Financing
- Contact: Customer Service
Quick Facts
| Asking Price: | $199,900 | |
| Annual Revenue: | $520,000 | |
| Net Profit: | $70 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 110,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 3 | |
| BBN Listing #: | 80953909 | |
| Broker Reference #: | PZZA805 |
Business Overview:
Newer young ultra-modern Pizzeria restaurant in an affluent municipality of Bergen County, New Jersey. The business has a gross income of $520,000 and a consistent net yearly income. The business has recently been fully remolded with new quality equipment and a state-of-the-art image. The pizzeria income represents 75% delivery and pick up which continues to improve. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The business is a few years old, fully remolded; the fixed assets have an estimated value of approximately $110,000 which is based on the replacement cost of the original buildout, representing equipment, licensing, tangible & nontangible, in addition to the multiple of the existing net yearly income. 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, modern lavatories, 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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Property Features and Assets:
This successful retail facility consists of approximately 1,800 square feet have a modern professional appearance. The business is in a mid-size commercial mall with various other active and successful businesses. This opportunity is in Northern New Jersey, Bergen County, which consists of various affluent and highly populated communities with continued demand for this industry.
Market Competition and Expansion:
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Reason for Selling:
Owner retiring
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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