Pizzeria Nets $200k

Ridgewood, NJ
Bergen County

Active commercial avenue

Asking Price: Annual Revenue:
$499,000 $1,073,466

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizzeria Nets $200k Broker: Customer Service
Owner Financing is Available!
Owner and SBA bank financing is available for this transaction to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Quick Facts

Asking Price: $499,000
Annual Revenue: $1,073,466
Net Profit: $200,777
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $145,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 5
BBN Listing #: 82593909
Broker Reference #: pzza792

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Business Overview:

Recently on the market, Owner retiring after forty years of success with this high-volume Pizzeria, with only delivery service and no sit-down service since the start of the pandemic. This pizzeria is active six days, closed Sunday, with a gross income of $1,073,466 and a net yearly income of $200,777 based on a semi absentee owner operator. The company is in Bergen County, Northern New Jersey in an active affluent community. This is a safe business opportunity and based on the business history of success this pizzeria fully 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 on a highly active convenient county road. The business is in a convenient five store mall with appropriate private parking. This business facility consists of approximately 1,850 square feet fully equipped for high volume production with a seating capacity for forty-two (42) customers.

Market Competition and Expansion:

Regarding competition, it is our understanding 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:

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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