Business Overview:
Solid business opportunity for this thirty-five-year-old beautiful Italian Pizzeria with a consistent gross yearly income of $1,675,000 and a net yearly income of $285,000. The business is fully upgraded with an attractive image and designed for high volume production. This is a dependable, safe business opportunity, the price has been set based on fair market value and expects to supply a consistent return on investment to the owner operator. The business fixed assets have an estimated value of approximately $370,000 which is based on the replacement cost (original buildout), representing equipment, licensing, etc. The accurate value of the assets will be calculated during the allocation period. This transaction consists of a fully equipped commercial retail restaurant operation, which includes, required municipal & state licenses, web site, social media venues, commercial kitchen, shelving, POS system, tables, computer, software including all the necessary equipment to maintain the daily business operation and a list of assets will be supplied to purchaser upon request.
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Property Features and Assets:
Solid business opportunity for this thirty-five-year-old beautiful Italian Pizzeria with a consistent gross yearly income of $1,675,000 and a net yearly income of $285,000. The business is fully upgraded with an attractive image and designed for high volume production. This is a dependable, safe business opportunity, the price has been set based on fair market value and expects to supply a consistent return on investment to the owner operator.
Market Competition and Expansion:
This business opportunity is located in northern New Jersey, Morris County on a highly active county road.
This business facility consists of approximately 2,500 square feet with a modern, attractive, and professional appearance. The business is in a free-standing retail facility conveniently location for its various customers.
Reason for Selling:
Owner 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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