Business For Sale

Pizza Restaurant

Not Disclosed, NJ
Bergen County

Asking Price: Annual Revenue:
$99,900 $325,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizza Restaurant Broker: RonCervelli
Owner Financing is Available!
Can be considered to a qualified buyer with an appropriate down payment.

Quick Facts

Asking Price: $99,900
Annual Revenue: $325,000
Net Profit: Not Disclosed
Cash Flow: $62,000
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 7
BBN Listing #: 92443909
Broker Reference #: PZZA689

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Business Overview:

Pizza Restaurant in an excellent area of Northern NJ, Bergen County. This successful restaurant and pizzeria is located on an active high traffic County road, near various state highways. The business has a gross income of $325,000 and a dependable net income of $62,000 to the owner operator. All of their pizzas are made with fresh mozzarella, cooked to perfection, and topped with fresh basil. They have a large selection of pizzas including their special Original, Vegetable pie, Four Cheese, Philly cheese steak, Pesto pie, Chicken Parmigianino pie, Vodka pie, and many more! They have a variety of appetizers, soups, salads, Panini’s, and authentic coal oven pizza, they also have chicken, seafood, veal and pasta entrees. The lunch specials include pasta dishes, their original 8” pizzette with up to three toppings, half hero with French fries, and their amazing Panini’s served with a signature side salad. They have an basic delivery service and also have the facility which can host private parties for any occasion-birthdays, anniversaries, baby showers, and more. The business has a consistent income and is priced for an immediate sale. The business fixed assets has an estimated value of approximately $85,000 which is based on equipment and licensing replacement cost and the sale consists of a fully equipped commercial Restaurant which includes a commercial kitchen, refrigeration & freezer units, POS system, displays, shelving, tables, 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. The building has a legal capacity for 45 customers consisting of 1,232 square feet. This retail business requires seven employees who are unaware of the pending sale and fully prepared to remain, monthly payroll is approximately $7,300. This business location has substantial private parking on the site and part of the lease. The business is active seven days per week, hours 11:00 am to 10:00 pm. The business has a municipal CO for this location and a food handler’s license. The sale includes a four-year lease term plus five years, 10/31/2026 plus additional options, monthly rent of $2,550 all in, cost per square foot of $25.57 and rent security of approximately $5,000. The business has been valued at $99,900 based on a multiple of the net yearly income including the value of the specific business assets and seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Based on the asking price, required down payment and net income this business should supply a dependable return on investment to the owner operator prior to debt service. Sale is confidential to the employees and public, all viewings are by appointment only, photo may not represent the business available for sale.

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Property Features and Assets:

The facility consists of 1,232 square feet with a seating capacity for 45 customers. The business has an open stage kitchen, a walk-up area for fast-service and ample private seating. Located in Bergen County NJ in a modern mall and located on an active highly trafficked county road. The area has a large volume of workers and daily shoppers who frequently use this food service.

Market Competition and Expansion:

No other similar pizza restaurants are in this area and the seller has agreed to supply a long term non-compete agreement to the new operator.

Reason for Selling:

The present owner is semi and is relocating.

Additional Details:

  • The property is leased.
  • The owner is 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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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