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Highly Rated Successful Pizzeria & BBQ

New Jersey

Asking Price: Gross: Cash Flow:
$268,000 $425,000 $110,670

Furniture and Fixtures Value:
$109,000 (included in the asking price)

Business Summary:
Highly rated successful Pizzeria and BBQ Restaurant accessible to Newark Airport and Hospital nearby. Sells to businesses in Newark Airport and 27 Hotels close by with a catering contract. Orders online through Uber Eats, GrubHub, Eat24, Eat Street.

 
   
   
Year Business was Established: 4
   
Number of Employees: 3F/T 3P/T  
   
Facilities / Terms of Lease: 2800 sq. ft. including backyard, 14 parking spaces, seats 40, equipment in very good condition. 6 years remaining lease plus option for 10 years more.  
   
Potential Growth/Expansion: A 1500 apt. complex being built 3 blocks away, fix backyard to seat more people and possibly add a hookah bar.  
   
Competition: Offers much larger pizza sizes and much bigger sandwiches that dwarf competition.  
   
Owner willing to finance: 3-5 years $125,000-at 8%  
   
Owner willing to train: 1 month  
   
Reason for selling: Moving to Florida  
 

 

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