Active Pizzeria For Sale
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $745000
Net Profit / Cash Flow $145000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2006
Number of Employees 6 - 9
Inventory $175,000 equipment & $1,500 inventory.
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will supply a training period and remain post closing for sixty days.
Reason for Sale The owners are a corporate group and are separating their relationship.
Description Ultra Modern and highly Successful pizzeria and Italian eatery in a busy commercial mall located in an urban area of Passaic County, NJ. This business offers quick service with a walk up counter, serving a basic Italian pizzeria menu, and seating overlooking the modern mall. The 2,200 square foot facility has a super commercial kitchen and a seating capacity for 120 customers. The mall has a large volume of businesses which attract a substantial amount of customers. Additionally the pizzeria is next to a county court house which also attracts thousands of additional customers. The business produces a gross income of $745,000 yearly and a solid three figure net income to the owner operator. Approximately 25% of the businesses income is from delivery services. This is an excellent opportunity that must be seen to fully appreciate. This sale is extremely confidential; employees are unaware of the sale. The 2,200 square foot business has a seating capacity for 120 customers. It operates as a pizzeria and Italian restaurant in a huge modern commercial mall among dozens of other commercial businesses. Located in an urban area of Passaic CountY New Jersey and in a beautiful mall with a huge volume of daily shoppers. The business is surrounded by many other businesses, resulting in a high demand for this service.
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