Pizzeria Restaurant Nets $275K

Not Disclosed, NJ
Essex County

Active commercial avenue


Asking Price: Annual Revenue:
$650,000 $1,350,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pizzeria Restaurant Nets $275K Broker: Customer Service
Owner Financing is Available!
seller financing has been approved to a qualified buyer with an appropriate down payment, collateral, and credit

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,350,000
Net Profit: $275,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $275,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 11
BBN Listing #: 53973909
Broker Reference #: PZZA785

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Business Overview:

High volume Pizzeria available to purchase with a future option to purchase the real estate located in an active urban area of Essex County, New Jersey. The price has been set very competitively and based on fair market value with owner financing. The business is located on an active commercial avenue with continued demand for this popular food service. The income represents ninety (75%) pick up / take out service resulting in a substantial investment return to the owner operator. The business has an average yearly gross income of $1,350,000 and a consistent net yearly income. Based on the asking price, and projected net yearly net income, this business expects to supply a consistent return on investment to the owner operator. The business fixed assets have an estimated value of approximately $275,000 which is based on equipment and licensing replacement cost and the sale includes, displays, shelving, commercial kitchen, refrigeration / freezer units, POS system, tables, chairs, computers, including all the necessary equipment to maintain the day-to-day operation. An accurate value of the assets will be supplied.

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Property Features and Assets:

The business facility consists of 3,000 square feet, seating capacity for 110 customers, in a commercial setting on an active commercial avenue. The general area is a highly populated urban area with thousands of residents who require this food service.

Market Competition and Expansion:

To the best of our knowledge 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.

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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