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Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $100,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 155,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 8 | |
BBN Listing #: | 92553909 | |
Broker Reference #: | PZZA800 |
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Business Overview:
River view, modern pizzeria restaurant with gross sales of $800,000 yearly and a consistent net yearly income to the owner operator. The owner is relocating out of state and has priced the business quite aggressively and below market value. Very unique opportunity with 95% of the income based on pick up and delivery. The owner will be financing to a qualified buyer. All food is made fresh from scratch, and they do not cut any corners on quality. Dine-In, Take-Out, Delivery, BYOB, By the Pie, by the Slice, Square, Round, Personal, Pasta, Salad, Sandwiches, and a few Vegan options, they have something fresh for everybody. This is a dependable safe business opportunity and based on the asking price, owner financing available and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
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Property Features and Assets:
This business opportunity is in northern New Jersey, Bergen County in the city of Edgewater on a highly active county road with thousands of residents in high rise residential units. This business facility consists of approximately 1,000 square feet with a modern, attractive, and professional appearance. The business is in a commercial mall with numerous other independent businesses and 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:
Relocating out of state
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