Pizzeria In A Great Neighborhood
Location: United States -> New Jersey -> Bergen County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Businesses for sale Summary
This is a high volume Pizzeria with a seating capacity for 26 customers. The business has a fully equipped kitchen and is located in a great location with lots of daily workers and residents. The business does not advertise which if implemented, could substantially increase the business income. The facility consists of a total of one thousand square feet on the main floor + basement. It is located in a commercial mall with 25 public parking spaces. An existing 10 year lease will be transferred to the new owner with a monthly rent of $1,700. The facility is very modern and has been designed for high volume sales.
Financials
Asking Price Range: < $250K
Gross Revenues: $360,000
Cash Flow: $75,000
Cash Flow Type: EBITDA
Inventory: 100000 Equipment Only
Seller Financing: Yes
About The Business
Year Established: 1968
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Owner will provide a full due diligence period to the new operator.
Reason For Selling: Retirement
