Established Pizzeria Business for Sale - Serpico's Allenhurst

Serpico's is a well-established pizzeria located in the heart of Allenhurst, NJ, offering an exceptional opportunity for an entrepreneur to acquire a profitable restaurant business with strong community ties and significant growth potential.

Business Overview:
This thriving pizzeria generates $400,000 in annual revenue and operates from a 1,000 square foot location in downtown Allenhurst. The business comes complete with all furniture, fixtures, and equipment valued at $30,000, including a comprehensive setup with full basement featuring a large walk-in refrigerator, prep station, and dough machine.

Key Business Features:
• Established brand recognition and loyal customer base
• Modern POS system for sales tracking, marketing, and financial reporting
• Full commercial kitchen with basement prep area
• Low monthly rent of $1,875 with lease extending to November 2030
• Landlord willing to extend lease for additional 5 years
• Low overhead structure supporting strong profitability

Location Advantages:
Situated in downtown Allenhurst, the business benefits from an ongoing revitalization project bringing new homes, businesses, and demographics to the area. This redevelopment creates an expanding customer base and increased foot traffic, positioning the business for continued growth.

Growth Opportunities:
The new ownership can capitalize on the changing community needs by expanding the menu offerings and adapting to evolving customer preferences. The downtown revitalization presents opportunities to capture additional market share and increase profitability through strategic business expansion.

Financial Highlights:
• Annual Revenue: $400,000
• Affordable rent: $1,875/month
• Secure lease through 2030 with extension option
• Low overhead operating structure

Transition Support:
The current owner, who is retiring after successfully operating the business, will provide comprehensive transition support to ensure seamless ownership transfer and continued business success.

This turnkey opportunity offers immediate cash flow, established operations, and significant upside potential in a growing market.