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Authentic Italian Eatery and Pizzeria

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$225,000 $728,000 $147,915

Inventory Value:
$6,000 (included in the asking price)

Business Summary:
Authentic Italian Eatery Pizzeria in a busy and well located shopping plaza, with its own outside veranda seating, which can be used for private parties, producing very good income with potential for much more.

 
   
   
Year Business was Established: 12
   
Number of Employees: 5 F/T 5 P/T  
   
Facilities / Terms of Lease: 2000 sq. ft. plus outside veranda seating, plenty of parking in shopping plaza, equipment and furnishing excellent condition, 9 ears lease with option for 5 more  
   
Potential Growth/Expansion: Internet delivery ordering- GrubHub, UberEats, Delivery.com, Eat24, etc. Advertise in social media=Facebook, Instagram, and more often to local businesses and residences, push catering menu, advertise private parties in their veranda outside location.  
   
Competition: 2 pizzerias nearby but, each has its own specialty  
   
Owner willing to finance: $100,000 for 3 years at 6% per year interest  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Retiring due to health issues  
 

 

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