Price: $350,000
Location: Bergen, New Jersey
Industry: Pizza
Listing ID: PZZA833
Wonderful modern pizzeria restaurant with a Manhattan & river view with gross sales of $1,178,418 yearly and a consistent net yearly income to the owner operator. The owner is relocating out of state and has priced the business quite aggressively and below market value. Unique opportunity with 95% of the income based on pick up and delivery. The owner will be financing to a qualified buyer. All food is made fresh from scratch, and they do not cut any corners on quality. Dine-In, Take-Out, Delivery, BYOB, By the Pie, by the Slice, Square, Round, Personal, Pasta, Salad, Sandwiches, and a few Vegan options, they have something fresh for everybody. This is a dependable safe business opportunity and based on the asking price, owner financing available and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
Listing Details
Form of Ownership:
C Corp
Operation
Year Established: 2016
Days & Hours of Operation: Days Hours of operation; this business is active six days per week, closed Sunday with hours from 11:00 am to 9:00 pm.
Owner Hours Per Week: Full Time
Non-Owner Payroll: $250,000
Employees: Days Hours of operation; this business is active six days per week, closed Sunday with hours from 11:00 am to 9:00 pm.
Location
Security on Lease: Two Months
Lease Option: Yes Available
Monthly Rent: $3720
Type of Location: Commercial
Square Footage: 1225
Relocatable?: Yes
Facilities Information:
This business opportunity is in northern New Jersey, Bergen County in the city of Fort Lee, Edgewater on a highly active county road with thousands of residents in high rise residential units. This business facility consists of approximately 1,250 square feet with a modern, attractive, and professional appearance. The business is in a commercial mall with numerous other independent businesses and conveniently located for its various customers.
Summary
Historical Summary:
Days Hours of operation; this business is active six days per week, closed Sunday with hours from 11:00 am to 9:00 pm.
Owner Qualifications:
For Qualifications purposes; this business opportunity does not require any specific government licensing approval to purchase or operate other than the standard required municipal licenses.
Competition:
For Qualifications purposes; this business opportunity does not require any specific government licensing approval to purchase or operate other than the standard required municipal licenses.
Potential Growth:
Regarding growth and expansion, the retail company can be further developed by increasing the number of days of operation, improving the local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.
Financing/Terms:
Also, SBA and seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.
