Very Popular Pizzeria - 27217

Essex County, NJ
Essex County

Asking Price: Annual Revenue:
$180,000 $372,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Very Popular Pizzeria - 27217 Broker: Barry Schechter

Quick Facts

Asking Price: $180,000
Annual Revenue: $372,000
Net Profit: Not Disclosed
Cash Flow: $103,440
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1992
Employees: 10
BBN Listing #: 19664447
Broker Reference #: 27217

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Business Overview:

Very popular pizzeria in a heavily trafficked area of Downtown Newark. Lots of steady customers among commuters and office workers. Very well known. In business over 23 years. Hundreds of employees pass by everyday, NJIT,and UMDNJ, in addition to 14 schools. Surrounded by hotels - big name with a great reputation a complete menu with variety of pizzas, Italian dishes, sandwiches, wraps and salads. Well known for the great catering service for all corporate meetings and private events. 1,500 square feet with 34 seats, a very low rent 6 days of easy operation, With a great potential to grow since it is currently closed on Sundays and in evenings (closes at 7pm).

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Reason for Selling:

Moving out of NJ.

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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