Pizzeria Restaurant Doing $30k Wk Semi-Absentee

Not Disclosed, NJ

North Jersey

Asking Price: Annual Revenue:
$450,000 $1,550,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizzeria Restaurant Doing $30k Wk Semi-Absentee Broker: Seller of Business
Owner Financing is Available!

Quick Facts

Asking Price: $450,000
Annual Revenue: $1,550,000
Net Profit: Not Disclosed
Cash Flow: $228,600
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 226435273
Broker Reference #: 11827

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Business Overview:

ABSENTEE Modern Italian Restaurant located in Bergen County, NJ. Situated in a very affluent upcoming area of Northern New Jersey. The business is split into a casual sitdown, or grab and go, pizzeria, and a more formal full service restaurant that seats 110 guests comfortably. The total space is 3,750 square feet, and also has a private room for private parties and gatherings which they book up quickly because its in high demand. This truly is absentee as the current owners only frequent the business one day a week. A hands on owner can save hundreds of thousands of dollars on payroll, because currently it is overstaffed to make up for the lack of ownership presence. The annual sales are over $1.5M including the pizzeria. There are also approximately 300+ new condos and apartments being built up the block from this location. Sellers are willing to hold a small note based on the buyers experience and offer. There is NO liquor license at this location.

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Additional Details:

  • The property is owned.
  • The owner is not 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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