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Pizzeria For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $465000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1995
Number of Employees 4 - 5
Inventory 120000 Equipment & 1500 Inventory
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training The seller will supply a full transitional period and remain thirty days post closing.
Reason for Sale Retiring after many successful years in this particular industry.
Description Pizzeria Italian Restaurant located on a highly active highway in northern NJ in Hunterdon County. The business has a consistent gross income of $500,000 and a solid net income of $100,000 to the owner operator. The business has a modern attractive image consisting of 1,500 square feet and a seating capacity for 38 customers. The sale includes various equipment required for this industry including a fully equipped commercial kitchen with all accessories, POS system and accounting system, refrigeration, freezers units and all equipment required to maintain the business. The facility has a legal capacity for 38 customers consisting of
1,500 sq ft, on one main floor with no basement. The sale includes adequate private parking on site and part of the lease agreement. The business is operational seven days per week with hours from 11:00 am to 10:00 pm. The sale includes a municipal food handler s license and a CO for this facility. The business has a long term commercial lease agreement with a monthly rent of $2,500. The pizzeria has a full staff of experienced employees who are not unaware of the pending sale and expected to remain after closing. The sale includes a long term lease at a modest rent with minimal annual increases. This business opportunity is most unusual due to the substantial growth potential of this particular sale. The owner is retiring after many years in the industry and will offer training and financing to a qualified buyer.
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