PIZZERIA QUICK SALE. PZZA798

Price: $99,000

Location: Bergen County, New Jersey

Industry: Pizza

Listing ID: PZZA798

Wonderful business opportunity for this well-known long-standing pizzeria in an active community of Bergen County, New Jersey. The owner must sell due to illness after many years of success in this food service industry. The company has an assignable, long-term lease with a Very modest yearly rent expense. This is a most unusual safe business opportunity, based on the asking price, required down payment for owner financing and yearly net income, this business expects to supply a consistent return on investment.

Listing Details

Revenue: $370,000

Cash Flow: $69,999

FFE: $75,000 (Included in Price)

Inventory: $3,000 (Included in Price)

Reason For Sale:

The purpose of this business transaction is due to the owner illness and pending operation which will prevent him from functioning in this industry.

Training & Support:

Training and owner support, the owner is fully prepared to remain post-closing and is prepared to supply an appropriate transitional period to purchaser.

Location

Security on Lease: Two Months

Lease Option: Yes, Available

Monthly Rent: 3200

Type of Location: Active commercial Mall

Square Footage: 1,400

Facilities Information:

This business opportunity is in Northern New Jersey, Bergen County on a highly active county road. This business facility consists of approximately 1,400 square feet, seating capacity for twenty-five customers, with a clean and attractive appearance. The business is in a commercial mall conveniently located for its various customers.

Summary

Owner Qualifications:

For Qualifications purposes; this business opportunity does not require any specific State government licensing approval to purchase or operate other than the standard required municipal licenses.

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 company can be further developed by improving the marketing system and local advertising to increase delivery and catering. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.

Ron Cervelli

contactus@regalconsultants.com

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