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Pizzeria $14k Weekly
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $598000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2011
Number of Employees 6 - 9
Inventory 185000 Equipment & 1500 Inventory
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training The seller will remain after closing and supply a long term transitional period.
Reason for Sale The owner is absentee, cannot continue to maintain this seven day operation.
Description High Volume Pizzeria business located in an active modern mall setting in a commercial area of Union County, New Jersey. This beautiful twenty six hundred square foot facility with a seating capacity for seventy four patrons is ultra modern and is one year new. The business which is one year young is ultra modern and fully equipped for high volume production. The sale includes a modern fully equipped commercial kitchen, a large walk up counter, refrigeration, POS system, and large dining area for customers. The pizzeria is operational seven days weekly with hours from 11:30 am to 10:00 pm. The present owner is a doctor who purchased the business as an investment and cannot continue to maintain the work responsibility as an absentee operator. The equipment is state of the art, best you can buy and is designed for high volume and maximum production. The sale includes a long term lease at fair rental value. The business will evidence a minimum of $11,000 weekly prior to transfer of ownership. This ultra modern facility consists of 2,600 square feet in an attractive commercial mall setting. The business has an attractive clean setting with a modern appearance. The business located in an upscale community of Union County, New Jersey with continued demand for this food service. The business is on a highly trafficked county road with a large volume of daily shoppers and workers. The Pizzeria is located in an active commercial mall with many other successful businesses.
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