RestaurantsFor Sale in NJ
Financial & Assets Details
About the Business
Newer three years young ultra-modern Pizzeria restaurant in an affluent municipality of Bergen County, New Jersey. The business has a gross income of $500,000 and a consistent net yearly income. The business has recently been fully remolded with new quality equipment and a state-of-the-art image. The pizzeria income represents 80% delivery and pick up which continues to improve. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
Growth & Expansion
Regarding growth and expansion, the business opportunity is new and can be further expanded by the new operator by developing an appropriate advertising, marketing plan. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.
seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.
Regarding competition, to the best of our knowledge, 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.
This successful retail facility consists of approximately 1,800 square feet have a modern professional appearance. The business is in a mid-size commercial mall with various other active and successful businesses. This opportunity is in Northern New Jersey, Bergen County, which consists of various affluent and highly populated communities with continued demand for this industry.
Support & Training
Training and owner support, the owner will remain after closing and is prepared to supply an appropriate transitional period to the new owner / operator.
Reason for Selling:
The purpose of this business transaction is due to the owner retirement after many years in this industry.