NOT DISCLOSED, New Jersey
| Asking Price |
$999,999 |
Year Established |
1999 |
|
| Annual Revenue |
$1,547,131 |
Reason for Selling |
Decided to retire and transition the business to a new owner. |
|
| Annual P/L |
$0 |
Attention |
Larry Lynn |
|
| Annual Cash Flow |
$450,200 |
Listing Number |
1015179 |
|
| # of Employees |
6 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Family owned and operated Italian restaurant and pizzeria generating annual sales in excess of $1.5 million with strong historical cash flow. For more than 25 years, the business has built a loyal customer following and an outstanding reputation for quality food and service.
Highlights include:
• Annual sales exceeding $1.5 million
• More than 25 years of successful operation
• Fully equipped commercial kitchen with experienced staff in place
• Multiple revenue streams including dine in, takeout, delivery, catering, and private events
• Opportunity for a new owner to build upon an already successful operation
Property Features and Assets:
<p>The business operates from an approximately 4,000 square foot leased facility featuring a fully equipped commercial kitchen, dedicated pizza preparation area, restaurant dining room, pizzeria seating, ample storage, and a catering preparation area. A new long term lease is available to a qualified buyer.<br></p><p>Assets = $150,000</p>
Market Competition and Expansion:
<p>The business has successfully operated for more than 25 years by consistently providing quality food, excellent customer service, and a diverse menu that has earned a loyal following. Its long operating history and established reputation have positioned the business well within the local marketplace.<br></p><p>While the business has generated strong sales under its current operating model, meaningful opportunities exist for a new owner to further expand the business, including:</p><p>• Expanding utilization of the existing restaurant dining area</p><p>• Expanding operating days and hours</p><p>• Growing catering and private event bookings</p><p>• Increasing social media and digital marketing efforts</p><p>• Enhancing online ordering and third party delivery platforms</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity