Price: $199,900
Location: Sussex County, New Jersey
Industry: Pizza
Listing ID: pzza812
Excellent business opportunity for this profitable twenty-five year young, pizzeria, 80% pick-up and delivery, with 2022 gross income of $582,031 plus discretionary income and a yearly net income of $155,965. All of their pizzas are made with fresh mozzarella, cooked to perfection, and topped with fresh basil. They have a full selection of pizzas including their special Original, Vegetable pie, Four Cheese, Philly cheese steak, Pesto pie, Chicken Parmigianino pie, Vodka pie, and many more! They have a variety of appetizers, soups, salads, Panini’s, they also have chicken, seafood, veal, and pasta entrees. The lunch specials include pasta dishes. They have an excellent delivery service and also host private parties for any occasion-birthdays, anniversaries, baby showers, and more. This is a dependable safe business opportunity and based on the asking price, required down payment with owner financing and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
Listing Details
Revenue: $582,031
Cash Flow: $155,965
FFE: $85,000 (Included in Price)
Inventory: $2,000 (Included in Price)
Reason For Sale:
The purpose of this business transaction is due to the owner relocation after many years of success in this particular food industry.
Training & Support:
Training and owner support, the owner is fully prepared to remain after closing and will supply an appropriate transitional period to purchaser.
Operation
Year Established: 2000
Days & Hours of Operation: Days Hours of operation; this business is active seven days per week, Sunday to Saturday, with hours from 11:00 am to 10:00 pm.
Owner Hours Per Week: Full Time
Employees: Regarding employees and payroll, this retail company consists of nine full and part-time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, and the staff is fully expected to remain post-closing, the monthly payroll expense is approximately $10,500.
Location
Security on Lease: Two months
Lease Option: Option Available.
Monthly Rent: 3200
Type of Location: Commercial active highway
Square Footage: 1600
Relocatable?: Yes
Facilities Information:
This business opportunity is in northern New Jersey, Sussex County on an active county road. This business facility consists of approximately 1,600 square feet, professional appearance, with a seating capacity for thirty customers. The business is in a commercial mall conveniently located for its various customers.