PIZZA $17,000 WKLY PZZA790

Price: $270,000

Location: Bergen County, New Jersey

Industry: Restaurant

Listing ID: pzza790

High Volume Pizzeria business located in an active modern mall and commercial area of Bergen County, New Jersey. This well maintained 1,200 square foot facility has a seating capacity for fifteen patrons. The production is based on 75% pickup and delivery. The equipment is in excellent working condition and is designed for high volume and maximum production. The sale includes a long-term lease at fair rental value and the business will evidence a gross income of $800,000 plus discretionary income, prior to transfer of ownership. Based on the asking price, and yearly net income, this business expects to supply a consistent return on investment the owner operator.

Listing Details

Revenue: $70,000

Cash Flow: $120,000

FFE: $125,000 (Included in Price)

Inventory: $1,000 (Included in Price)

Location

Security on Lease: Two Months

Lease Option: Yes, Available

Monthly Rent: 4550

Type of Location: Active commercial Mall

Square Footage: 1200

Relocatable?: Yes

Facilities Information:

The business located in an upscale community of Bergen County, New Jersey with continued demand for this food service. The business is in a high-volume shopping mall with many other successful retail companies. This facility consists of 1,200 square feet with a clean setting with a modern appearance.

Summary

Competition:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

Regarding growth and expansion, the retail operation can be further developed by increasing the local advertising for additional pick up and delivery. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.

 

Financing/Terms:

SBA bank financing is available for this transaction and seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Ron Cervelli

contactus@regalconsultants.com

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