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Pizzeria - On the Jersey Gold Coast

Hudson County, New Jersey

Asking Price: Gross: Cash Flow:
$289,000 $442,000 $108,983

Furniture and Fixtures Value:
$200,000 (included in the asking price)

Inventory Value:
$7,500 (included in the asking price)

Business Summary:
Absentee run with the possibility of substituting present wages to salaried employees of $50,000 for new owner. This would be in addition to $108,000 as shown. Authentic, Fine Dining Italian Restaurant/Pizza 2,000 + sq. ft. which seats 65 and is located in highly desired area of Hudson County. Has a reputation for fine dining and a casual area for pizza. They take great care in the preparation of gourmet food. It has a good clientele base of regular returning customers and its reputation is well known. All equipment is in great condition. Customers are in agreement that this popular restaurant combines beautiful ambiance, elegance, warm service and fantastic food. There is a traditional Italian menu with a BYOB. Presently being run absentee. For further information please contact Vito Mastromonaco at 908-851-9040 Ext. 285 or Gene Reilly at 908-851-9040 Ext. 293.

 
   
   
Year Business was Established: 2011
   
Number of Employees: 3FT/3PT  
   
Facilities / Terms of Lease: Attractively designed like new (only 1 year old) 2,000 sq. ft. Pizza/Restaurant which seats 65 is located in Hudson County and comes complete with fully equipped kitchen. The modern and tasteful décor of the restaurant with lots of natural lighting would easily suit other ethnical cuisines. The present owner really did a wonderful job on the build out and interior design. Customers are in agreement that this popular restaurant combines beautiful ambiance, elegance and warm service.  
   
Potential Growth/Expansion: Just being in the right place at the right time and advertising will bring in many new customers  
   
Competition: Within this area where place is located there is a massive population boom this and many more – similar businesses can live from this expansion  
   
Owner willing to finance: 8% interest  
   
Owner willing to train: 2-4 weeks training  
   
Reason for selling: Other business ventures  
 

 

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