Pizzeria Restaurant At Asset Sale Price
Not Disclosed, NJ Morris County
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- RE: Pizzeria Restaurant At Asset Sale Price
- Contact: Marc Lazarus
Quick Facts
| Asking Price: | $90,000 | |
| Annual Revenue: | $300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $5,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $40,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1994 | |
| Employees: | 6 | |
| BBN Listing #: | 949208 | |
| Broker Reference #: | 6301-841585 |
Business Overview:
Established Pizzeria Restaurant at Asset Sale Price
Restaurant Pizzeria in business 30 years on main road in a midsized strip center. This business has not recovered from the COVID years and has cut back the restaurant section of the operation which has reduced the lease costs. This is a “key money” opportunity as the new owner is essentially buying a buildout location. It has the advantage of having a long history in the area with an excellent location.
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Property Features and Assets:
Square Units (Foot, Meter): 2,000
Facilities:Large space in a strip center
Market Competition and Expansion:
Competition: Pizzeria's are a commodity but a good pizzaman and cook can turn this location into a money maker.
Expansion: The space next door was a formal dining room used for large parties. It is still available if the new buyer wants to expand the business
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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