Pizza and Italian Restaurant For Sale

Morris County, NJ

Asking Price: Annual Revenue:
$165,000 $275,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizza and Italian Restaurant For Sale Broker: Tom Patterson
Owner Financing is Available!
$45,000 at 8% over 2 years

Quick Facts

Asking Price: $165,000
Annual Revenue: $275,000
Net Profit: Not Disclosed
Cash Flow: $133,958
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 4
BBN Listing #: 44664449
Broker Reference #: 15853 Patterson

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Business Overview:

This friendly, pleasant restaurant features pizza and Italian specialties. It is located off a busy county road, so it is easily accessible to workers as well as residents. It has attracted a steady loyal group of customers, some of whom dine here 2 to 3 times a week. For 7 years this business has been built without any advertising, because it has earned a reputation for good food and service. There is pick up service, and an opportunity for growth with the addition of a delivery service. Catering represents 10% of the total business, so it is an additional possibility for future growth. The owner has a 7 year lease with an option to renew.

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Reason for Selling:

other business interests

Additional Details:

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

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