Five Star Pizzeria!

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Asking Price:
$279,900

Gross Revenue:
$900,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is an amazing opportunity to take over a successful,established pizzeria, for a great price! Everything is included, fully equipped and ready to go!
Located in a convenient and popular strip mall in Bergen County! This is an opportunity to purchase a popular pizzeria/restaurant. Perfect established business, doing tremendous volume, including,take out and delivery. This business is doing a million dollars in sales. 60% of this business is over the counter, 40% is credit.
RENT OF ONLY, $2,800+ CAM CHARGES!
There are plenty of lease options available, as well.
Weekly sales are over $19,000 a week. They are open 7 days for lunch and dinner (11:00-10:00)
Net Income of $200,000.
(Employees are unaware of the sale.)
Located in the center of a very affluent town, in Bergen County, N.J.,
This upscale community frequents this popular Pizzeria. The location is surrounded by plenty of brand name retail stores,businesses and affluent geographic community.
Prime location and great established reputation!
Located in a large, busy,Mid-town strip-mall,with plenty of parking!
This is an established ( 20 years)and very successful pizzeria, which has even more potential!
Priced below market. Seller financing available to qualified buyer. This is absolutely a great, turn-key, money making, operation. It is ready for the new owner, to take over and build on this already, successful business!

About the Business

Location:
Bergen County, New Jersey
Year Established:
1999
Number of Employees:
5
Facilities:
This turn-key operation, has been a successful money maker for over 20 years!
The 1175 square foot pizzeria has a very large kitchen. It is fully equipped. There are 4 tables with seating for 16. The majority of the business is delivery and pick up! The location is prime! The center of this busy town and surrounded by a large affluent,residential community.
One of the keys to success, is the very low rent of only $2800 a month + CAM and low expenses. 10 year lease.
The popular strip-mall and middle of town location is great for shoppers and provides plenty of traffic flow, easy parking and accessibility, for take out and pick up or a quick bite to eat!
This is a well-known, town favorite pizzeria with a reputation for great pizza/pasta and food! Perfect for the new owner,with pizza experience, to just come in and take over!
Market Outlook/
Competition:
This is golden opportunity! They have established a great reputation, not only for their delicious food, but the quick delivery with fast and convenient pick up, of pizza's and meals! This is the "go to" place for great delicious,fast food. Priced below market value, this is a true money maker!
Well-known,reliable and consistently good for generations!
Growth & Expansion:
There is plenty of room to make this business boom to higher levels. Built on 20 years of consistent success and a great reputation. They do not do any advertising. So adding social media and advertising incentives, could bring in a wider range of new customers and additional revenue. The large kitchen could be used to develop more catering business and corporate accounts. They have several corporate accounts already but, there is plenty of opportunity to expand this avenue of income.
This is already, a million dollar business with a proven track record and documentation.
The new owner can build on this success even more, with their own expertise!
Start a new career. Make an offer!
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Two weeks

Listing Info

ID:
1541010
Ad Detail Views:
507

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Business Listed by

Bart D. Natoli

ReMax Properties Plus

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