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- RE: Pizzeria/Catering
- Contact: Juliet Carafello
Quick Facts
Asking Price: | $379,000 | |
Annual Revenue: | $917,450 | |
Net Profit: | $225,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1967 | |
Employees: | 16 | |
BBN Listing #: | 535657222 | |
Broker Reference #: | 206-21974 |
Business Overview:
55 years in the business, Family owned and operated, this pizzeria has been a central landmark location for the Jersey City community. Located in a very affluent area, with high walking and drive-by traffic. This is a very unique opportunity to invest in a successful and established pizzeria, with an excellent location, and reputation that stands behind. Do not miss out on this opportunity. The Owner is looking to retire from the service industry and is motivated and willing to teach anyone who desires to acquire this Unique, lucrative opportunity. For additional information please contact listing agents Juliet Carafello or Greg Carafello.
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Market Competition and Expansion:
This is a leased location of 1,300 square feet with a Total monthly rent of $3,600. Lease ends 06/2026 with one 7 year option. Seller is active with 7 Full Time and 9 Part Time employees. Hours of operation are 10:00am-10;00pm Monday - Friday and 11:00am-10:00pm Sunday & Saturday. $6,000 in inventory and $20,000 in FF&E included in the asking price. Food safety license required.
Reason for Selling:
Seller owns another business.
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
Relevant Links:
- View more New Jersey businesses for sale
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