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Brand New Oven Pizzeria & Grill

Morris County , New Jersey

Asking Price: Gross: Cash Flow:
$340,000 $468,000 $100,760

Furniture and Fixtures Value:
$130,000 ( not included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Business Summary:
The income &expenses are projected over 12 months. Brand new turn key opportunity. Authentic Brick Oven/Pizzeria Grill Restaurant, only 2 months old available on major thoroughfare in Morris County . Everything brand new is brand new. Build on cost was over 260k. Already doing over 9k per week without advertising. Incredible upside potential for right person. Perfect for new venture, experienced operator or family operation. Advertising and catering can easily double revenue. Add 50k to cash flow for owner operator. Seller is very successful restaurateur who is looking to move onto next location . Shown by appointment only. Contact Ray at 201-310-5511 for more information.

 
   
   
Year Business was Established: 2012
   
Number of Employees: 9  
   
Facilities / Terms of Lease: Brand new store, 1500 sq. ft. plenty of parking 2 months old. Rent is 2,300.00 per month. Lease is 10 years + 10 years increase to 2,400.00 after 2 years.  
   
Potential Growth/Expansion: None  
   
Competition: Yes  
   
Owner willing to finance: To be determined  
   
Owner willing to train: Negotiable  
   
Reason for selling: Wants to move onto new store  
 

 

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