20 Year Old Pizzeria & Restaurant
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $115,000 |
$240,000 |
$66,500 |
Furniture and Fixtures Value:
$0 (included in the asking price)
Inventory Value:
$5,000 (included in the asking price)
Business Summary:
Established pizzeria and restaurant in excellent location. Known for fresh and healthy Italian cuisine of soups, salads, pizzas, pastas, and sandwiches. Corporate and lunch catering available. Website for delivery offered to surrounding towns. Owner operating for 19 years, looking to retire. Owner's brother and partner works FT, his annual pay of $50,000 will be added back to the profit of new operator. Currently grossing about $5,000 per week. With advertising and social media delivery, potential to double that.
|
|
| |
|
| |
|
| Year
Business was Established: 1999 |
| |
|
| Number of Employees:
1FT/1PT |
|
| |
|
| Facilities / Terms of Lease:
Establishment is approximately 1,100 sq. ft. that includes the furnishings and fixtures. The business is 19 years old and has a parking lot for the customers. The lease is for 10+10. |
|
| |
|
| Potential
Growth/Expansion:
Room for renovation, landlord will deduct 50% of renovation costs. |
|
| |
|
| Competition:
It's off the main street with a variety of stores and businesses. |
|
| |
|
| Owner
willing to train:
Will consult with seller |
|
| |
|
| Reason for selling:
Retirement |
|
|
|
| REQUEST MORE INFO |
 |
|
