Busy established Pizzeria

Middlesex County, NJ

Seller Financing Available
Busy established Pizzeria
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Asking Price: $275,000

Cash Flow: N/A

Gross Revenue: $780,000

EBITDA: N/A

FF&E: $80,000

Inventory: $5,000*

Rent: $5,100 /Month

Established: 2005

*not included in asking price.

Busy established Pizzeria

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Business Description

Very busy supermarket anchored shopping center

Great opportunity for an experienced owner operator to own this
1800 sq ft pizza restaurant in newer modern shopping center on major highway.
Offering take out, eat in and delivery. Plenty of on site parking and spacious seating.
Brand new 2 terminal point of sale system. All equipment and refrigeration in good shape.

NOTE: Sale is confidential and Non Disclosure Agreement must be signed in order to make an appointment to see the business. Potential buyers are NOT to approach employees regarding the sale.

Detailed Information

Location:
Middlesex County, NJ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1800 sq foot store located immediately next to one of the busiest supermarkets in the area and Dedicated employee parking in rear and large well maintained shopping center parking lot. 7 years left on lease but landlord will extend lease to qualified purchaser.
Competition:
Prime location in very busy supermarket anchored shopping center on major highway at traffic light controlled intersection with no competition. Average annual household income is almost $100,000. This great location gives the retailer a strategic opportunity within a vibrant community shopping center that will service the ever-expanding residential and commercial growth along this busy corridor.
Growth & Expansion:
Current owner is 100% absentee and does absolutely no advertising. This business will easily increase significantly with any kind of marketing and promotion.
Financing:
owner will only hold note but prefers all cash deal.
Support & Training:
Owner will train if necessary but prefers an experienced operator. New state of the art POS system comes with subscription based support and marketing.
Reason for Selling:
Owner has several other restaurants and this one is too far for him.
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Business Listed By:
dennis sikaras

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