Pizza High Volume

Asking Price$595,000

Cash Flow
$175,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,422,000

Inventory$2,000
Included in asking price
FF&E$134,000
Included in asking price
Pizza & LiquorSave

Pizza High Volume


Asking Price$595,000

Cash Flow
$175,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,422,000

Inventory$2,000
Included in asking price
FF&E$134,000
Included in asking price

Seller Financing Available
Business Description
This is a most unusual business opportunity for this ultra-modern Italian restaurant Pizzeria in an affluent area of Northern New Jersey, Bergen County with a yearly income of $1,366,171 and evidencing a net income of approximately $165,770 to an owner operator. This restaurant purchase will offer owner financing to a qualified buyer with an appropriate down payment. They are a family-owned and operated BYO liquor and offers a full menu of Italian specialties. The company offers delivery services, and their objective and company goals are to provide first class hospitality while celebrating vibrant culinary cuisine. They encourage an atmosphere where customers can meet for the best possible Italian foods and enjoy the atmosphere. This is a dependable safe business opportunity and based on the asking price, required down payment for owner financing, and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
About the Business
Years in Operation
35
Employees
12
Facilities & Assets
This business opportunity is in northern New Jersey, Bergen County, conveniently located on an active county road and servicing various municipalities in the Northern New Jersey area. This restaurant business facility consists of approximately 2,800 square feet with a modern, attractive appearance consisting of a free-standing structure conveniently location for its various customers.
Market Outlook / Competition
Regarding competition, to the best of our knowledge, 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. Also, no other liquor licenses are currently available in this city.
Opportunities for Growth
Regarding growth and expansion, this retail company can be further developed by increasing the number of days of operation, improving the marketing and local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,800
Rent
$11,000.00 per month
Lease Expiration
4/4/2035
About the Sale
Seller Motivation
The purpose of this business transaction is due to the owner of noncompetitive a
Transition Support
Training and owner support: the owner is fully prepared to remain post-closing and is prepared to supply an appropriate transitional period to purchaser.
Financing Options
Owner financing
Listing Info
ID
2353884
Listing Views
1446

Contact Seller

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Business Listed by: Ron Cervelli Regal Consulting Corp.

Listing ID: 2353884 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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