Seller's Contact Information

  • RE:  Pizza Nets $137,000
  • Contact:  Ron Cervelli
Owner Financing is Available!
SBA bank financing is available for this transaction and seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Quick Facts

Asking Price: $239,900
Annual Revenue: $917,592
Net Profit: $137
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: 120,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 4
BBN Listing #: 34843909
Broker Reference #: PZZA809

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Business Overview:

High Volume Pizzeria business located in an active modern mall and commercial area of Bergen County, New Jersey. This well maintained 1,300 square foot facility has a seating capacity for fifteen patrons. The production is based on 75% pickup and delivery. The equipment is in excellent working condition and is designed for high volume and maximum production. The sale includes a long-term lease at fair rental value and the business will evidence a gross income of $800,000 plus discretionary income, prior to transfer of ownership. Based on the asking price, and yearly net income, this business expects to supply a consistent return on investment the owner operator. The business fixed assets have an estimated value of approximately $125,000 which is based on the estimated value of the equipment, licensing, good will, etc. The accurate value of the assets will be calculated during the allocation period. This transaction consists of a fully equipped commercial pizzeria restaurant operation, which includes, required municipal & state licenses, no web site, social media venues, full commercial kitchen, shelving, POS system, tables, computer, software including all the necessary equipment to maintain the daily business operation and a list of assets will be supplied to purchaser upon request.

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Property Features and Assets:

The business located in an upscale community of Bergen County, New Jersey with continued demand for this food service. The business is in a high-volume shopping mall with many other successful retail companies. This facility consists of 1,300 square feet with a clean setting with a modern appearance.

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:

Relocating out of state

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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