Modern Pizzeria Best Offer $75K

Denville, NJ
Morris County

Active commercial avenue


Asking Price: Annual Revenue:
$75,000 $660,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Modern Pizzeria Best Offer $75K Broker: Customer Service

Quick Facts

Asking Price: $75,000
Annual Revenue: $660,000
Net Profit: $95,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $165,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 5
BBN Listing #: 69773909
Broker Reference #: PZZA781

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Business Overview:

Ultra-modern five years young ,Italian Pizzeria Restaurant located in Northern New Jersey, Morris County. The business had a gross yearly income of $660,000 and a consistent net yearly income of $100,000. This attractive Pizza & Italian Cuisine is family-owned and located in wonderful commercial area of Northern New Jersey. They offer indoor and outdoor seating (seasonally) and are happy to supply wine glasses if you choose to bring a bottle to enjoy with your meal. The company has a delivery service which represents 30% of the gross sales. This restaurant is well known for its great food and wonderful service, they have great pizza and fantastic entrees, sandwiches, and wraps! This is a dependable safe business opportunity.

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Property Features and Assets:

This opportunity is in Northern New Jersey, Morris County, the general area consists of various highly populated communities with continued demand for this industry. This successful retail facility which consists of approximately 2,900 square feet have an attractive modern appearance and this restaurant is in a mid-size commercial mall with various other active and successful businesses.

Market Competition and Expansion:

To the best of our knowledge, due to various circumstances, 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

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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