Pizzeria Owners Retiring after 30 year.

Not Disclosed, NJ
Passaic County


Asking Price: Annual Revenue:
$195,000 $704,808

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pizzeria Owners Retiring after 30 year. Broker: Marc Lazarus
Owner Financing is Available!

Quick Facts

Asking Price: $195,000
Annual Revenue: $704,808
Net Profit: Not Disclosed
Cash Flow: $137,346
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 6
BBN Listing #: 546550121
Broker Reference #: 6301-721066

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Business Overview:

Pizzeria for 3 decades located in a busy strip mall with plenty of parking. Does $13,544.00 per week M-S 10:30AM - 10:00PM. When open 7 days a week sales were $16,000 per week. Owners have chosen to close Sundays since Covid to enjoy family. Dining area also remains closed. Long term employees of 30,20,8 and 4 years solves the labor issue most restaurants face. SDE of $116,202 includes replacing one owner with $60,000 pizza man. Slice is the only 3rd party app they utilize. A new buyer can add the weekends, open the dining area, select additional 3rd party platforms and start advertising. Owners do zero advertising. Several new apartment buildings under construction will bring new customers. POS system has complete order history of customers and is available to potential buyers to verify numbers before working hours or on a Sunday. .

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Reason for Selling:

Retiring

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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