Business For Sale

Pizzeria Restaurant Opportunity

Not Disclosed, NJ
Bergen County


Asking Price: Annual Revenue:
$99,000 $315,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pizzeria Restaurant Opportunity Broker: Ron Cervelli
Owner Financing is Available!
May be available to a qualified buyer.

Quick Facts

Asking Price: $99,000
Annual Revenue: $315,000
Net Profit: Not Disclosed
Cash Flow: $62,000
Total Debt: Not Disclosed
FF&E: $170,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 2
BBN Listing #: 41473909
Broker Reference #: PZZA708

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Business Overview:

Ultra-modern five-year young pizzeria restaurant on an active commercial avenue in a highly populated municipality city located in Bergen County, New Jersey. The business has a limited delivery service which can be further increased to improve the present income. This particular business has one full & one-part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $4,450. The business has an assignable commercial lease which expires 2026-01-01 plus additional options, with a monthly rent of $3,400 and rent security $4,950. The business assets have an estimated value of approximately $170,000, based on the past year corporate tax returns. The business is active seven days per week, with hours from 12:00 noon to 10:00 pm. The business has been valued at $99,900, based on a multiple of the average net yearly income which includes the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a 32% investment return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

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Property Features and Assets:

This opportunity is located in Northern New Jersey, Bergen County, which consists of various affluent communities with continued demand for this particular industry. This modern attractive retail facility which consist of 2,750 square feet has a clean professional appearance. The business 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 and the owner has agreed to supply a long term non-compete agreement to the purchaser. The business presently has a limited marketing plan, poor web site and if improved can further develop the business bottom line net income.

Reason for Selling:

The owner is relocating out of the industry.

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.

Documents:

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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