Business Overview:
Super high-volume pizzeria with 2021 gross sales of $1,860,216 and a net yearly income of $380,526 based on 70% representing delivery and catering services. The owner is now retiring after many years of success in this food service industry. The company has an assignable, long-term lease with a Very modest yearly rent expense. This is a most unusual safe business opportunity, based on the asking price, required down payment for owner financing and yearly net income, this business expects to supply a consistent return on investment. For Qualifications purposes; this business opportunity does not require any specific State government licensing approval to purchase or operate other than the standard required municipal licenses.
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Property Features and Assets:
This business opportunity is in central New Jersey, Ocean County on a highly active four lane county road. This business facility consists of approximately 2,000 square feet, seating capacity for twenty customers, with a clean and attractive appearance. The business is in a commercial mall conveniently located for its various customers.
Market Competition and Expansion:
Regarding competition, to the best of our knowledge, 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:
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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