830 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$160,000
Revenue$400,000 Established2014
Cash Flow$55,000 Employees6 full-time
FF&E$150,000* FranchiseNo
Inventory$1,500 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Great business opportunity for this modern one-year young pizzeria in Middlesex County with a gross income of $400,000 and a $55,000 net yearly income. A must to see for this family style pizzeria which brings you Old World cuisine from their home to your home or office, all with our signature tradition of Italian authenticity. They offer everything from freshly prepared entrées to New York-style pizza, guaranteed to evoke the happiness that great-tasting food always brings. Whether it’s lunch for two or a party, they can supply qualify foods and excellent service. When you rely on their catering experience and menu planning, you’ll have less to worry about and more time to enjoy great quality food at your meeting. Their pasta and pizza are made fresh to order, using quality ingredients – no additives or preservatives. Their crust is made with all-natural flour and extra virgin olive oil, topped with 100% mozzarella cheese, and their sauces and soups are house-made from time-tested Italian recipes. Fresh-baked breads are another thing that sets us apart in the marketplace. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a 35% investment return to the owner operator prior to debt service. This industry does not require government agency approval to purchase. Ultra-modern fully equipped retail facility consisting of 2,670 square feet with an attractive appearance. The business facility consists of a free standing building on an active county road with various other active and successful businesses. This opportunity is located in Central New Jersey, Middlesex County, which consists of various affluent communities with continued demand for this particular industry. This pizzeria business has six full and part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $5,800. The business has an assignable commercial lease which expires 2028-01-01 plus additional options, with a monthly rent of $4,000 and rent security $6,000. The facility is located in a free stranding facility which consists of 2,670 square feet has a capacity for approximately sixty customers. The pizzeria business assets have an estimated value of $150,000 and the sale consists of a fully equipped Restaurant which includes a commercial kitchen, refrigeration & freezer units, POS system, displays, shelving, tables, computers, fire suppression system including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private parking on site, as part of the commercial lease. The business is active seven days per week, with hours from 11:00 am to 9:30 pm. The sale includes a certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business. The owner does not function in the kitchen, he has a full staff and the owner will remain post-closing for 60 days in order to supply an appropriate transitional period to the new operator. The owner is retiring from this industry. The business is one year young and presently has a limited marketing plan, poor web site and if improved can further develop the business bottom line net income. To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser. The 2016 yearly gross income is $400,000 and the business has a yearly net income of $55,000 based on an owner operator and prior to debt service. The business has been valued at $160,000 based on a multiple of the net yearly income which includes the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:Ultra-modern fully equipped retail facility consisting of 2,670 square feet with an attractive appearance. The business facility consists of a free standing building on an active county road with various other active and successful businesses. This opportunity is located in Central New Jersey, Middlesex County, which consists of various affluent communities with continued demand for this particular industry.
Competition:To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth Potential:The business is one year young and presently has a limited marketing plan, poor web site and if improved can further develop the business bottom line net income.
Training/Support:The owner does not function in the kitchen, he has a full staff and the owner will remain post-closing for 60 days in order to supply an appropriate transitional period to the new operator.
Seller Financing:Seller financing available to qualified buyers.
Sale Reason:Relocating out of the industry.
Ad #87641
Seller Reference #PZZA408
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
Name
Email Address
Message