Established Pizzeria and Restaurant - 46 Years of Proven Success

This well-established pizzeria and restaurant presents an exceptional opportunity for an experienced operator or entrepreneur looking to acquire a turnkey business with nearly five decades of operational history. Located at 883 Mt Prospect Ave in Newark, NJ, this 1,000 square foot establishment has been serving quality pizza and Italian cuisine since 1980.

Business Overview:
The restaurant has built a loyal customer base over its 46-year operating history, specializing in traditional pizza and Italian favorites. The current owner is retiring after decades of successful operation, creating an opportunity for new ownership to continue this established legacy.

Location Advantages:
• Prime Newark location with high visibility and accessibility
• Strategic positioning near a supermarket generating consistent foot traffic
• Benefits from substantial walk-in customer traffic
• New park development nearby expected to increase area foot traffic and community appeal

Financial Structure:
• Asking Price: $175,000 (negotiable)
• Monthly Lease: $3,500 (owner indicates rent may be negotiable)
• Lease Term: Secured through December 12, 2030
• Inventory included in sale price

Property Details:
• 1,000 square feet of operational space
• Leased premises with established lease agreement
• Turnkey operation ready for immediate transition

This represents a rare opportunity to acquire a business with demonstrated longevity in the competitive restaurant industry. The combination of established operations, prime location benefits, and owner financing flexibility makes this an attractive investment for qualified buyers seeking a proven business model in the growing Newark market.

Ideal for experienced restaurant operators or investors looking for an established business with strong community presence and growth potential from increased area development.