Successful Pizzeria Restaurant

Middlesex County, NJ

Successful Pizzeria Restaurant
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Asking Price: $99,000

Cash Flow: $50,000

Gross Revenue: $400,000


FF&E: $45,000

Inventory: N/A

Rent: $2,666.67 /Month

Established: 2004

Successful Pizzeria Restaurant

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Business Description

Must sell due to owners’ illness for this Successful New York style pizzeria restaurant with a $8,500 weekly gross income and a consistent net yearly income to the owner operator. This twenty-five-year-old business has a wonderful and well-known reputation to its many customers. The business has 50% delivery and small percentage of catering. The business is known for its delicious, fresh Italian Cuisine, and they offer a great lunch, dinner and wonderful service. They have a great selection of Lunch and Dinner selections, daily specials and Free Delivery. The passion to provide delicious Italian Cuisine and Pizza has always been a driving force for this restaurant. This pizzeria / restaurant has six full & part time employees and the payroll is primarily based on a weekly basis, the staff is expected to remain post-closing, and the monthly payroll expense is estimated at approximately $7,200. The business transaction has an assignable commercial lease which expires 2020 plus additional options available, with a monthly rent of $2,666.67, cost per square foot is estimated at $27.16, and rent security of approximately $5,000. This is a dependable safe business opportunity.

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Detailed Information

Middlesex County, NJ
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The facility which consist of approximately 2,000 square feet has a pleasant appearance, on a state highway with various other active and successful businesses and near to numerous highways. This restaurant business opportunity is in Northern / Central New Jersey, Middlesex County, which consists of highly populated communities with continued demand for this food service.
To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth & Expansion:
The business can be further expanded by the new operator, presently has a limited marketing plan, no local advertising, poor web site and if improved can further develop the business yearly gross sales.
Support & Training:
The owner will remain post-closing and is prepared to supply an appropriate transitional period consisting of weeks to the new owner / operator.
Reason for Selling:
The purpose of this business transaction is due to the owner illness.
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(from currently available funds)
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Ron Cervelli

Business Listed By:
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Regal Consulting Corp.

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