MODERN PIZZERIA BEST OFFER. PZZA781

Price: $175,000

Location: Morris, New Jersey

Industry: Restaurant

Listing ID: PZZA781

Ultra-modern five years young ,Italian Pizzeria Restaurant located in Northern New Jersey, Morris County. The business had a gross yearly income of $700,000 and a consistent net yearly income of $100,000. This attractive Pizza & Italian Cuisine is family-owned and located in wonderful commercial area of Northern New Jersey. They offer indoor and outdoor seating (seasonally) and are happy to supply wine glasses if you choose to bring a bottle to enjoy with your meal. The company has a delivery service which represents 30% of the gross sales. This restaurant is well known for its great food and wonderful service, they have great pizza and fantastic entrees, sandwiches, and wraps! This is a dependable safe business opportunity.

Listing Details

Revenue: $700,000

Cash Flow: $100,000

FFE: $165,000 (Included in Price)

Inventory: $2,500 (Included in Price)

Reason For Sale:

The purpose of this business transaction is due to the owner’s relocation into a non-related business opportunity.

Training & Support:

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.

Summary

Potential Growth:

The business can be further expanded by the new operator, presently has a limited marketing plan, no local advertising, poor web site, limited catering service and if improved can further develop the business yearly gross sales.

Financing/Terms:

Owner financing to be determined.

Ron Cervelli

contactus@regalconsultants.com

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